Now many people want to set up a company in China, and want to know the accurate cost about the startup in China. There are a lot of old news on the internet said the cost of opne a company is very high, which makes many people very worried. Now I need to let you know it’s not true, and now you can start business in China at a very low cost. Below are some areas about the cost you need...... Read More
Many people went to China to startup business, not just for buying goods, but also sell their service to Chinese people, such as business consulting service, trainning programs, health consultation, etc. For this kind of company, the main tax is VAT and Enterprise Income Tax. and there also is tax incentives for some companies. You can find the below form for the tax details: Company...... Read More
Nowsday, more and more people went to China and open restaurant or coffee houses, to introduce their delicious foods to Chinese people. There are a lot of restaurants, so cartering market is really a highly competitive market in China. If want set up a restaurant in China, below is the steps you need to do: First of all, you need to rent a good place. Before you sign the lease, make sure with...... Read More
When set up company or firms in China, many clients ask me: What is the minimum investment needed to put into the company? Now, You can say any number above 1RMB, but the more the better. I think the investor should better make it between USD 10,000 and USD100,000 Per Chinese Company Law, the minimum investment is 1RMB. But you’d better make the registered capital(or Number of investment as...... Read More
Procedure of Open a Wholly Foreign Investment Company in Guangzhou, China (2017) Some people want to set up a WOFE to startup business in China. Below are the steps need to finish: Step1. Company Name checking and approval Step2. Business address determination Step3. Approval by Bureau of Foreign Trade to get the setting-up-permit Step4. Approval by Industrial and Commercial Department to get...... Read More