- Their business needs, whether for trading, manufacturing, export or plain networking. It may not be necessary to establish a legal presence in China, with all that entails;
- The regional differences in incorporation requirements and tax systems;
- Incentives from local governments;
- Supply chains for specific industries in different regions.
- Adapting the procedures and requirements for company incorporation and licence applications applicable to their own business type and selected regions;
- Complying with foreign currency controls on fund transfers in and out of China;
- Meeting the requirements of various layers of tax systems and types;
- Coping with cultural differences at the country and district levels in terms of commercial concepts as well as employer–employee and social relationships.
Foreign Investment Guidance
We will introduce the main types of foreign investment set-up in our next post. Stay tuned!