The governors of China’s provinces and autonomous regions and mayors of its centrally controlled municipalities are appointed by the central government in Beijing after receiving the nominal consent of the National People’s Congress. Therefore, doing business in China is based on the provincial laws and regulations. Types of China Companies a) Holdings Company d) Joint-Venture ...

1. A China WFOE eases to be formed. The applicant can be a natural person or legal person, and no nationality restricted. 2. The investor can take full control and profit in its business due to there is no shareholder who will be sharing the profit with and delay in decision making. 3. China WFOE ...

The China Wholly Foreign-Owned Enterprise (WFOE) is a common investment vehicle for mainland China-based business. WFOE is a company with limited liability wholly owned by the foreign investor to minimize the labor cost for export purpose.   Application criteria The applicant can be one or more foreign natural person or legal person. The authorized capital ...

1. Obtain extensive control with less capital.   2. Able to extend controllability over a number of enterprises in a short period of time by buying the stock of the existing enterprises. It’s much more rapid than formatting new enterprises.   3. Extending the business line with existing human resources of the subsidiaries and entitled ...

China Holding Company is an organization (parent company) that owns other companies’ major shareholdings. These companies are known as subsidiaries. The Board of Directors of the holding company has the authority to control or influence over the subsidiaries.   Application Criteria The parent company must possess total assets not less USD 400 million one year ...

A joint venture company is a transnational business formed among investors from two countries. A joint venture takes place when two parties come together to take on one project with mutual agreement on investing equally resources and sharing equally profits in the project for a temporary period of time.   Application criteria Foreign party can ...

The governors of China’s provinces and autonomous regions and mayors of its centrally controlled municipalities are appointed by the central government in Beijing after receiving the nominal consent of the National People’s Congress. Therefore, doing business in China is based on the provincial laws and regulations. Types of China Companies a) Wholly Foreign-owned Enterprise (WFOE) b) ...

With USD 39 billion worth of import, China was the second largest importer of chemicals in 2002 after the United States. Conservative estimates based largely on past growth rates show that China is set to overtake the US by the year 2010. The Chinese government is encouraging investment in the industry with various incentives and ...

1. Basic Facts China is the world’s most populous country, with 1.3bn people living on 9.6m sq km of land, stretching from its southern borders in the Himalayas to the deserts of Mongolia in the north, and from the East China Sea through the Yangzi River Valley plains, to the Tibetan Plateau in the western ...

Encouraged Industries 1.Projects for new agricultural technology, comprehensive agricultural development of agriculture, and for energy, transportation and key raw materials ...