30 July 2015
Online CBA: What are the Procedures for Setting up a Company for Sales Business in China?
Q: What are the Procedures for Setting up a Company for Sales Business in China?
A: According to Chinese laws and regulations, foreign and Hong Kong companies may set up companies for sales business in China. They will normally set up wholly-owned or joint-venture companies (with Chinese partner). Since the revised Company Law has scrapped capital requirements for the establishment of companies, a company will only need to have sufficient capital for its own production and operation. For details, please read Procedures for the Establishment of FIEs.
(The HKTDC provides one-on-one China Business Advisory Service free of charge to assist companies in resolving problems encountered when doing business in China. For enquiries and appointments, please call (852) 1830 668 or register online.)