For decades now foreign businesses investing in China have looked primarily to cities the likes of Beijing, Shanghai, Guangzhou and Shenzhen. As these cities (otherwise known as the Big Four) have developed over time, so too have they become more expensive and thus less feasible as locations for investment. By comparison cities including Suzhou, Chengdu and Dalian (otherwise referred to as 2nd tier cities), with less market saturation and competition are now increasingly being recognized as ripe places for foreign investment. As more and more foreign investors are being drawn to China’s 2nd and even 3rd tier cities, a careful understanding of the necessary considerations to be made when establishing and operating a business in them is in order. This presentation will focus on the legal and tax requirements to be met at both local and provincial levels as well as other intangible factors that may be encountered when investing in these cities.
For more information, please contact Ms. Azure Cao at azure.cao@asiabriefingmedia.com
