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Posts: 13

Governor

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Q: procedures of creating a small size company?

What are the requirements for creating a company in China 2)what is the estimated mimium amount of money needed 3) what is maximum amount of foreigners partners you can have or employ 4)where can I get documentation on these in English ( free online material also welcome) 5)a small company

8 years 3 weeks ago in  Visa & Legalities - Other cities

 
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Emperor

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If you're serious about starting a company as a foriegner in China and are prepared to do your research then here is a good place to start....

 

http://www.chinalawblog.com

 

From my understanding you only have two real options:

1) WFOE. Wholly Foreign Owned Enterprise. But to start one of these you need a foreign company first. Lots open one in HK. Startup costs? About 20k RMB in fees. Minimum investment depends on the city and type of company. How many foreigners can you employ? Depends on company type and investment. 

2) Joint Venture with a Chinese partner. Sorry but I know nothing of these. Maybe others can help. 

 

Mother above website is great if you take the time to search and read. 

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8 years 3 weeks ago
 
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Posts: 3869

Emperor

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If you're serious about starting a company as a foriegner in China and are prepared to do your research then here is a good place to start....

 

http://www.chinalawblog.com

 

From my understanding you only have two real options:

1) WFOE. Wholly Foreign Owned Enterprise. But to start one of these you need a foreign company first. Lots open one in HK. Startup costs? About 20k RMB in fees. Minimum investment depends on the city and type of company. How many foreigners can you employ? Depends on company type and investment. 

2) Joint Venture with a Chinese partner. Sorry but I know nothing of these. Maybe others can help. 

 

Mother above website is great if you take the time to search and read. 

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8 years 3 weeks ago
 
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A: I had a similar experience in HK. If I recall correctly, before or at
A:I had a similar experience in HK. If I recall correctly, before or at the Z visa application, I had to submit ME from the ordinary HK clinic, where I explained why I need ME and I asked them to examine only necessary things (I don't remember the cost ...), and then ... I got Z stamp and when back in China, I had to complete another RP ME, which was on the employer, i.e. included in the Contract ...We've never discussed refund of payment for HK ME with my employer. Year 2013 ...I'd say, that is a regular thingy embassies around the world require, before issuing visas for LT stay in the country. "Vladimir Vladimiro-Witch ras-Putin" (LOL@your pronunciation ..) demands the same thingy before granting LT stay in Ruski.  ... Haa, 2013 was the Snowden's year. I was in Kowloon at the time of his landing .. with all these files ... I'm-Still-in-LMAO-State ... Cost for the ME in HK was around HK$ 2000/200 EUR, and ME was kind of swift, quicker and way shorter than on the mainland ... -- icnif77