company setup

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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The Importance of Chops in China

Everyone who has ever been involved in a business activity in China has certainly come into contact with the peculiar red mark on every document: the chop. The chop is the Chinese equivalent of a signature in the Western Hemisphere and it is the ulti...
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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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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. If you choose to set up a WFOE, follow these steps for a successful set-up.