What is a Sales Office? Utilizing a Professional Employment Organization (PEO) and opening a Sales Office when entering the Chinese market is one of the methods that is gaining more and more popularity from foreign companies. Whether the business is a large enterprise, SME, freelance, or a start-up, the sales ...
China Business News
February 23, 2017INS
Event Replay On March 1st 2006, a Chongqing tools company employed Ms. Zhang. In June 2015, the company’s shareholders decided to dissolve the company due to its poor performance and failure to achieve the expected operating ...
February 21, 2017INS
The evolution of legislation and tax regulations in China and the features that exist at the local level is rapid, which involves keeping abreast of the latest laws in force. Here is a reminder of the fiscal environment in China regarding the taxation of expatriates: 1) Payment of taxes Foreigners, considered in a tax ...
February 9, 2017INS
This article will explain you how to set-up a WFOE (WOFE) in China, including: types, advantages & limitations, procedures, taxation, common mistakes to avoid and factors to consider before setting up one. The Wholly Foreign-Owned Enterprise (WFOE) is a limited liability company (LLC) wholly owned and controlled by the foreign investor(s) with no native Chinese ...
January 26, 2017INS
As a foreign enterprise, there are multiple ways to enter the Chinese market. Some of the most common solutions include establishing Sales Offices, Joint Ventures, WOFEs (Wholly Owned Foreign Enterprises), or Representative Offices. Since each and every company has its own objectives, interests, and needs, it is imperative to determine which form of establishment best suits ...
January 24, 2017INS
The steady rise of domestic wages in China year over year is a statistical reality. A similar increase in wages for foreign workers (expats) has followed a similar pattern but is much harder to quantify because of the variety of perks and incentives that accompany expat compensation that ...
January 19, 2017INS
Have you been dreaming for some time of taking your business to China? Undoubtedly, it is one of the most interesting markets, but to embark on a new business venture and to ensure its success there are some tips you need to bear in mind. China has a culture that is thousands of years old, based ...
January 17, 2017INS
A Few Things to know before establishing a Joint Venture in China What is a Joint Venture? Before reading about the facts to know before establishing a joint venture in China, it is necessary to understand the nature of a joint venture. A joint venture is a business ...
January 11, 2017INS
The Urban vs Rural Disparity in China The development of China’s territory is defined by a strong imbalance East/West or Urban/Rural. This phenomenon is explained by a strong internal migration of the Chinese population (looking for work) to the Eastern regions. Today there are ...
The Benefits of using Staff Management in China The strong economic growth of China is attracting more and more foreign companies on the territory. However, the administrative procedures to be implemented to achieve can be long and complicated. Often factors such as obtaining a working visa or a business fees relevant ...
The New Chinese Passports Upset its Neighbors Recently, Vietnam and the Philippines have refused to grant visas to Chinese citizens who hold passports of the Middle Kingdom. The reason? China has recently issued new passports that are not in favor of their South ...
The Cost of Labor in China The Chinese economy has entered into a time of transition. The day of China being the “go to” market for cheap labor has come and gone. That doesn’t mean the Chinese economy will shrink. It just means that the international flavor of the manufacturing sector will be shifting more ...
January 4, 2017INS
All you need to know about Chinese Business Etiquette You can avoid additional costs by hiring a consultant or commissioning market research to better understand the cultural differences between the West and Asia and its impact on business: This article will allow you to spend (a ...
December 28, 2016INS
Hiring Foreign Employees in China Hiring foreign workers in China is a complicated process and, as such, requires that you follow a disciplined process to make it happen the right way to keep you in the good graces of the many and sometimes conflicting PRC, provincial and ...
December 28, 2016INS
The Differences between a Representative Offices and a Sales Offices in China When a foreign company is contemplating to enter the Chinese market and expand its business, there are a number of solutions available. Some of the most common solutions include Sales Offices, WOFEs (Wholly Owned Foreign Enterprise), Representative Offices, and Joint Ventures. ...
December 26, 2016INS