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Posts: 13

Governor

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Q: procedures of creating a small size company?

What are the requirements for creating a company in China 2)what is the estimated mimium amount of money needed 3) what is maximum amount of foreigners partners you can have or employ 4)where can I get documentation on these in English ( free online material also welcome) 5)a small company

7 years 48 weeks ago in  Visa & Legalities - Other cities

 
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Emperor

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If you're serious about starting a company as a foriegner in China and are prepared to do your research then here is a good place to start....

 

http://www.chinalawblog.com

 

From my understanding you only have two real options:

1) WFOE. Wholly Foreign Owned Enterprise. But to start one of these you need a foreign company first. Lots open one in HK. Startup costs? About 20k RMB in fees. Minimum investment depends on the city and type of company. How many foreigners can you employ? Depends on company type and investment. 

2) Joint Venture with a Chinese partner. Sorry but I know nothing of these. Maybe others can help. 

 

Mother above website is great if you take the time to search and read. 

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7 years 48 weeks ago
 
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Posts: 3868

Emperor

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If you're serious about starting a company as a foriegner in China and are prepared to do your research then here is a good place to start....

 

http://www.chinalawblog.com

 

From my understanding you only have two real options:

1) WFOE. Wholly Foreign Owned Enterprise. But to start one of these you need a foreign company first. Lots open one in HK. Startup costs? About 20k RMB in fees. Minimum investment depends on the city and type of company. How many foreigners can you employ? Depends on company type and investment. 

2) Joint Venture with a Chinese partner. Sorry but I know nothing of these. Maybe others can help. 

 

Mother above website is great if you take the time to search and read. 

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7 years 48 weeks ago
 
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