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How to Start Your Business in China?

Updated:2021-12-10 11:44:02    Source:www.tannet-group.comViews:251

The process for registering a business in China depends on the type of business - joint venture, wholly foreign-owned enterprise or representative office. Setting up a business in China overall generally takes three to six months and involves various government authorities and procedures that may differ depending on the industry your business is in and the structure you have chosen. The primary Chinese Government authorities involved are:
Ministry of Commerce
State Administration of Industry and Commerce (SAIC)
State Administration of Foreign Exchange (SAFE)
State Administration of Taxation
General Administration of Customs
State Bureau of Quality and Technical Supervision
National Bureau of Statistics

The four primary options Australian business can choose from to set up a foreign investment enterprise (FIE) are: representative offices (RO), wholly foreign owned enterprises (WFOE), joint ventures (JVs) – of which there are two types – one being foreign invested partnerships (FIP).

Your business scope should be clearly defined early on in the process of starting a business, as it is what will appear on your business licence in China. Your business can conduct activity    es in China only within its business scope. Keep in mind that further application and approval is required if you want to make any amendments to the scope, which can be very time-consuming.

More China incorporation registration,please contact me.
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