Setting up a business in Hainan is a popular topic among investors both at home and abroad. Things you need to know when setting up a business in Hainan. Hainan’s strategic positioning near ASEAN makes it an important location for trade with Southeast Asia. Recently, Chinese government continues to promote opening up, Hainan becomes a perfect investment destination. To facilitate people who want to invest and set up company in Hainan, Tannet make the following exposition.
Common Types of Company for Foreign Investment
Before setting up a business, foreign investors should determine their organizational structure according to the operations of their enterprises at their own discretion. There are three principal business models for foreign companies seeking to establish themselves in China: Wholly Foreign Owned Enterprise (WFOE), Joint Venture (JV), and Representative Office (RO).
Establishment and Registration of Enterprises
Unless the State provides otherwise, the establishment of foreign investment enterprises in the Hainan Special Economic Zone shall be examined and approved by the administrative department of Hainan province in charge of economic cooperation and the agency authorized by the Hainan Provincial People's Government. Approval certificates shall be issued by the administrative department of Hainan Province in charge of economic cooperation.
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One-stop Services for Investing in Hainan
In recent years, Tannet has been focusing on providing services for SMEs to invest in Hainan and offer supply and demand assistance for farmers. We are specialized in business establishment, business operation and management for running business. With three newly opened branches in Hainan, Tannet will manage all aspects of incorporation to get you a business license in this tropical land. We offer a range of company formation services.
1. Market study
Every market has its own challenges that need to be mastered. And for every company the challenges can be different. Therefore, we take great care to understand your business before we develop the strategy that works best for you and for the market that you want to enter.
2. Project planning
We work together with your own team to implement the project as a complete solution. We manage projects of all sizes from small to larger projects like the setting-up of a complete manufacturing facility.
3. Services sourcing
Sourcing of components, products and services in Hainan can be cost effective and a saving factor for international companies. To find the right quality at the right price is vital for every successful business.
Contact Us
If you have further queries, don’t hesitate to contact Tannet anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143512 or 86-755-82143181 or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.
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