Is starting a business in China as a foreigner a good idea?
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- Опубликовано: 4 сен 2023
- Are you considering launching a business in China as a foreigner? If so, you've landed on the right video. It's crucial to get advice from those who have actual experience running a company in China. Many foreigners living in China aren't qualified to offer practical advice, as they lack this experience. Moreover, the internet is rife with outdated or misleading information about doing business in China:
1. Often, people who ask questions about starting a business in China end up consulting the wrong individuals. Not every foreigner living in China has experience running a company there, making them unqualified to offer practical advice.
2. The internet is flooded with misinformation about doing business in China. Much of this information is either outdated, impractical, or simply false.
3. Despite facing some economic challenges, China remains a global leader in production, accounting for 28.4% of the world's total. This makes it an excellent location for starting a business, especially in the world's largest manufacturing economy and leading exporter of goods.
4. One of China's most significant advantages is that it doesn't require any initial investment from company owners who wish to relocate and run their businesses there. This is in contrast to other developed countries like South Korea, which requires a $100,000 USD investment from each foreign investor, or the U.S., which demands an investment ranging from $150,000 to $800,000 USD for a company-based work visa (L1A/B, EB5 categories). Japan also requires a minimum investment of $50,000 USD from each company owner.
5. China ranks as one of the safest countries for both living and doing business, particularly when compared to most Western countries.
6. The school curriculum in China is highly focused on academic subjects, preventing the introduction of extraneous or controversial ideas. This ensures that children are not influenced by any unconventional ideologies from their teachers.
7. There are numerous other benefits to starting a business in China, making it a compelling option for entrepreneurs.
Read the full article here: jrandfirm.com/is-starting-a-b...
1. What documents are required to register a company (WFOE) in China: jrandfirm.com/required-docume...
2. How to choose a name for your company (WFOE) in China: jrandfirm.com/how-to-choose-a...
3. How best to register a company (WFOE) in China remotely or in person: jrandfirm.com/is-it-better-to...
4. Corporate taxes in China: jrandfirm.com/complete-guide-...
5. How to register a company in China step by step guide: jrandfirm.com/how-to-register...
6. Useful Company Registration resources: jrandfirm.com/blog/
For more insights and personalized guidance, reach out to us at JR & Firm LLC. We specialize in company formation and bank account opening services in China and other countries. Contact us at contact@jrandfirm.com or +8613040688804 (available on Telegram, WeChat, and WhatsApp).
To register a Wholly Foreign-Owned Enterprise (WFOE) in China, you can use: jrandfirm.com/shanghai-compan...
📧 For more details, feel free to reach out to us!
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I'm on the way, hope will be great
Being European, the only thing I want (well, we want) with my Chinese girlfriend is to open a rural hotel in the province of Sichuan (where she is from), nothing more....
any discount sir
As a foreigner you also need a working visa to open a company, I have heard many times that to have a visa under your own company as a foreigner is very difficult. Even with a permanent residency, you might not be able to open a business in China.
Thanks, hope you touch on issues Russian citizens face with bank account opening in this or next ones, like you did in the past
What if I am a teacher right now and want to open a business (Beauty saloon ) in Hangzhou ,will that affect my current visa and job ? I am thinking of opening beauty saloon with Chinese partner. When I say beauty saloon,I am thinking of doing eyelashes,nails , eyebrows and so on …. Thank you 😊
I have registered a company in Guangzhou. Now how can i get work visa or residence visa?
You should talk about the costings of opening a Company in China and costs of maintaining the company .
can you share your company web or your contacts pls
i have visited china 8 times. you are definitely right on the explanation
Thank you. I've listened to you for a little bit and feel your integrity. I look forward to the rest and working with you to possibly opening a company in China. Thxs luv blessings. Happy Spectacular Prosperous 2024
I would this video very informative and genuine. Thanks for such information.
100% right
How about a clothing brand,which one is easier and better china or south korea for it?
Thank you for the video.
Can foreigners start a business in China as sole proprietor? I was told we can only start a business in China in partnership with a Chinese-born Chinese citizen?
Can a dependent start a small business in China? Like a restaurant or a small shop?
Is there is scope for raw silk business from india to china?
Do Foreigners open a manufacturing unit in China how much does it cost to start an electronic toy manufacturing unit.
Could you please share the different wechat business groups you’ve mentioned