Our collection of resources based on what we have learned on the ground
Resources
Q&A
What are the advantages in closing an old company in China and starting from scr...
- January 2014
- Members Access
To avoid the time lag involved in transferring a company to a new tax district, another relocation option is closing the old WFOE and establishing an entirely new WFOE. This “default” option has the following advantages: 1.&nbs...
Q&A
What are the disadvantages of closing an old company in China and starting from ...
- January 2014
- Members Access
The disadvantages of closing an old company in China and starting from scratch are: Larger Capital Needs: a larger amount of capital may be required than in a transfer between tax districts due to registered capital requirements in the ove...
Q&A
What is involved when establishing a new Wholly Foreign-Owned Enterprise (WFOE) ...
- January 2014
- Members Access
WFOE establishment involves acquiring a business license, then registering with all government bureaus and opening bank accounts. The WFOE establishment process has small variations based on the type of WFOE being established. For example, manufactu...
Q&A
What are the processes of liquidating the old Wholly Foreign-Owned Enterprise (W...
- January 2014
- Free Access
The processes of liquidating the old WFOE in China are: Submit Termination application for approval; Carry out liquidation obligations; Deregister with all other relevant authorities.
Q&A
What are the processes of liquidating the old WFOE in China in detail?
- January 2014
- Members Access
The processes of liquidating the old WFOE in China are: Submit termination application for approval: to initiate the liquidation process, the WFOE should apply for the termination of the WFOE to the original approval authority; upon issuan...
Q&A
What is a branch office in China?
- January 2014
- Free Access
A branch office is essentially an office of a wholly foreign-owned enterprise located somewhere other than the foreign-owned enterprise’s main office location. Branches are easier to set up and be maintained, but limited in many ways, such a...
Q&A
What are the alternatives to setting up another WFOE in China?
- January 2014
- Free Access
Foreign investors with an existing China WFOE that are willing to establish a presence in another destination, be it expansion or relocation, may wish to consider establishing a branch office, or another popular expansion option is the “conv...
Q&A
How do you set up a branch office in China?
- January 2014
- Members Access
The process of establishing a branch office is essentially an abbreviated WFOE setup. Establishing a branch does not require approval from the Ministry of Commerce, rather, the branch can be directly registered with the Administration of Indus...
Q&A
What can a representative office (RO) do in China?
- January 2014
- Free Access
An RO is only permitted to engage in the following activities: Market surveys, product or service displays and promotional activities related to the products or services of its head office; Liaison activities in connection with produ...
infographic
Die zu bercksichtigenden Faktoren bei der Wahl einer Entwicklungszone
- December 2013
- Free Access
Welche Faktoren muss ich als Unternehmer berücksichtigen, wenn ich eine Entwicklungszone aussuche? Diese Infografik gibt Aufschluss darüber.
infographic
Scegliere una zona di sviluppo
- December 2013
- Free Access
Come scegliere una zona di sviluppo
magazine
Selling to China
- October 2013
- Members Access
In this issue, we demystify some complexities of conducting business in China by introducing the main certification requirements for importing goods into the country; the basics of setting up a representative office; as well as the structure and cult...
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