Company Set Up

franchising china

How to set up a Franchise in China

During the last 20 years of rapid growth, more and more franchisors, both Western and local, have entered the Chinese market. Back in the early 1990s, there was no exact definition for the word “franchise” and the PRC government did not formally regu...

How to set up a company in China

China has experienced amazing economic growth in recent years, which is why some companies want to rush into the market. This is a common mistake since most of those companies find out that the structure they chose is inappropriate or that the gover...
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UPDATE: Company Setup Now Possible Without MOFCOM Approval

On 8 October 2016, the National Development and Reform Commission together with the Ministry of Commerce issued a statement, which changed the registration requirements for Wholly Foreign Owned Enterprises and Joint Ventures. One day later, the Minis...
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How to set up a WFOE in China – the six most important steps

When starting a business in China, many choices have to be made. One of the first tasks is to determine the entry strategy and decide on the legal structure. Do you want to enter China with a Joint Venture, a Representative Office, a Wholly Foreign O...
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Startup Hype in China

China is currently experiencing a startup hype. According to the Chinese government 4.854 million new companies have been registered between March 2014 and May 2015, equaling to 10,600 new businesses per daz or seven every minute. Approximately half ...
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Articles of Association – Key terms for a Foreign Invested Company in China

1. The functions of the Articles of Association First of all, the AoA are the legal basis for a company to do business with third parties. They provide the principles of a company’s management structure, business activities, rights and obligations ...
legal structure

How to Find the Right Legal Form for Your Company in China

Setting up a company in China requires to decide with which legal form you want to enter the market. This depends on several factors including your business scope and your goals on the Chinese market.    YouTube:   {youtu...
Overview of the steps how to set up a WFOE in China

How to set up a WFOE in China: the most important steps

When starting a business in China, many choices have to be made. One of the first tasks is to determine the entry strategy and decide on the legal structure. Do you want to enter China with a Joint Venture, a Representative Office, a Wholly Foreign O...
Company set up: Articles of Association

Articles of Association – 3 biggest mistakes to look out for

Mistake 1: Losing control of management One of the biggest issues shareholders face while, or usually after, signing their AoA's is based on the internal structure of the company. Example: Fred's Asiashop GmbH opens a WFOE in Beijing. The sharehold...

10 most likely mistakes while setting up a WFOE [1/2]

Setting up a Wholly Foreign-Owned Enterprise (“WFOE”) in China requires full commitment. It has to be carefully planned and many things have to be taken into consideration in order to avoid problems later on. In this article, you will find the 10 mos...