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Q: How foreigners can set up a company in China?

I like to set up a company in China but do not know what steps involved in the business registration and whether there are some criteria foreigners need to satisfy the local authority. I heard that in some business sector such as internet related business a foreigner can not set up a wholly-owned business. I would also like to get some information about the visa/resident permit requirement in order to run the business in China.

8 years 23 weeks ago in  Business & Jobs - China

 
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Setting up a company as a foreigner is not easy and there are many things to take into consideration and to prepare when starting a business in China. You have to prove to the government that you have enough start-up capital for one. Then you also haver to understand the whole tax system, the registration process and have a solid business plan. You should also have well thought out location, business name and be in the clear whether you want to be wholly owned or start your business with a Chinese partner etc.

I actually stumbled upon a few useful articles on this site that explain the various steps fairly well. Of course, rules change fast in China so it's always a good idea to do some extra research to make sure there haven't been any major changes in recent months:

http://www.echinacities.com/expat-corner/3-things-to-expect-when-startin...

http://www.echinacities.com/expat-corner/how-hard-is-it-to-run-a-busines...

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8 years 22 weeks ago
 
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http://classifieds.echinacities.com/Guangzhou/40/312086.html
Hi, sakter,I hope this could be helpful.

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8 years 22 weeks ago
 
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To deal successfully with Chinese businesses demands an appreciation of the culture of China, in both the social and business settings. At the very least, the western enterpreneur should make the effort to understand and respect the Chinese approach to business matters.

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8 years 22 weeks ago
 
Posts: 9

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Understanding the needs of our foreign friends, IlaowaiGroup makes great effort to Guangdong expatriate services. So far, we are able to secure one year residence permits for our clients. Residence permit enables you staying in China without worrying about expired date and the trouble of continuously applying extensions.
Visa
Our fast and efficient visa service takes all the pressure off you as we will handle all aspects of the application process. From Tourist (L) and Business (F) Visas, through to Working (Z) and Residential Permits – we offer the full range.
Business Registration
Our experienced staff offers a step by step process to make business registration and incorporation more of a reality than a dream. They will guide you through the entire procedure making sure all documents are handled efficiently and accurately.

From: [url=http://www.ilaowai.net] Ilaowai [/url]

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8 years 21 weeks ago
 
Posts: 91

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It is not so difficult to set up a trading company in China, but might need a lot of time, around 6 months maybe.

Besides, that depends on the business field too.

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8 years 21 weeks ago
 
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To set up a company in China is only complicated if a foreigner attempts to try and manage the process on her/his own.

 

It pays huge dividends to employ an expert advisor – a company specializing in setting up companies in China for foreigners, particularly one with a native English-speaking expert to advise, guide, and help you.

 

They can do literally everything for you – even whilst you are in your home country.

 

An additional bonus is that the correct visa can be arranged in advance for you before leaving ones home country, and this can be for two years, and renewable.

 

The firm I used has been in business for over 40 years, is headquartered in Beijing, treats everything in a very personal and confidential manner, is highly professional, and even offers a consultation service. You are welcome to email me at

speak_English@msn.com 

if you would like me to connect you with them.

 

A final point of advice is to avoid corporate lawyers as they are looking for far more than just the cost of forming a company. Not being bound by the same high ethics as European or North American law firms they will often guide one to form the type of company that will require their ongoing support, and therefore prove to be an ongoing cash drain for the investor.

 

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7 years 13 weeks ago
 
Posts: 1140

Shifu

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really just flusch your money down the toilet at least u know where it went

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7 years 12 weeks ago
 
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Come on...............Bad idea to do that.......I have the experience about that and trust me when i say pandas can't fly am serious about that......Don't do something you might regret.....Setting up a company is already difficult................. by getting this coming up running in an unethical business field especially by a foreigner is the real issue you should consider the most..................I don't agree with your idea but...........Good Luck

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7 years 12 weeks ago
 
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There are several types company registration in China with requirement of the independent office address, Investor proof and minimum registration capital. So it is a little complex to set up a company in China. You can use google to search all the information you need or ask for help from a professional business consulting company to provide you advice. May the following article would give you some suggestions: http://www.hongdaservice.com/faqs/set-up-the-company-in-china.html

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5 years 48 weeks ago
 
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