Things You Need To Consider While Setting Up A Business In China

If you are planning to set up your business in China then get ready to face tough legal structure. Foreigners can’t apply their own strategies and plans as they are unfamiliar with the market trends of China and even they can’t take any assistance from the Chinese Businessmen. In that case here are few basic things that you need to consider while setting up a business in China:-

1.Do A Research:-

There is no logic to reel your wheels on such things that people have done before. So whenever you are planning to start your business in China then always do a lot of research so that you are able to find out the pros and cons of the particular business. Moreover you will get a chance to avoid repeating those errors that usually people have done before in their own business. There are few things that you need to include in your home work as mentioned below:-

-What kind of business strategies you need to follow?
-What type of business is success in China?
-Go through the guidelines to start a business.
-Does Foreigner is allowed to invest foreign capital?
-What are the special restrictions for the foreign investor? 

2. Pick A Location :- 

Your office location plays an important role so before freezing any property, you must determine some facts as center places are not the only option especially if you are selling goods rather than the services. Here are some points that you must focus while searching for the location:-
-What kind of transportation you would required for your business?
-Are you rely on some goods that need to be import?
-How you will get the goods from the port to your location?
-What will be your logistical needs?
-Do you need to hire regular logistical services?

3. Choose Entity Status:-

Before jumping to the China’s market you have to determine that what vehicle you want to choose to start your trade such as:-

1.Joint Venture (JV Shanghai)
2.Representative Office (RO Shanghai)
3.Wholly Foreign Owned Enterprise (WFOE Shanghai)

Every entity has its own limitations and advantages and offers you a complex structure. If you are not able to make out the right decision then you can hire Chinese agent who will guide you about whole things.

4. Determine Business Plan & Strategies:-

 Being a foreigner it is tough to assume that what strategies will work in the market and how to approach the clients. You can take the assistance from your agent who will brief you about the market trends which helps you to design appropriate business plans.

5. Documentation:- 

Even the hired agents will allow you to get the affiliation for your business. You just need to provide him a copy of various documentation and rest of the paperwork will be done by him only.

3 Options To Consider While Setting Up Business In China

There is no surprise in this fact that every country has their own rules and norms for setting up business. And when it comes to investing in the Chinese market, there are most difficult rules and regulations for the foreign investors. So when you have finally decided to set up a business in China, there are some of the common options that you need to choose while doing business in China. 

China is the fastest growing country but investing in the chinese market is quite complicated if you are aware of basic rules and regulations. As you are new to the Chinese market, you may not know that there are lots of options available in China for setting up the business. Here's the list of the few common company structures you can use in China and able to identify what are the pros and cons of each.

1. A Wholly Owned Foreign Enterprise (WFOE Shanghai)

This type of business structure is best for those investors who want 100% invested ownership over the subsidiary in China. The biggest benefit of WFOE Shanghai is that that, shareholders and investors have complete ownership in a Chinese market. This will gives you the freedom of operation and full business functionality on par with domestic companies. The only drawback of this ownership is that they this can take generally longer to set up and has a higher fixed cost.

2. Joint Venture (JV)

When you do not afford to invest in Chinese markets solely, then the best ownership option for you is Joint Venture. A Joint Venture ownership enables to get collaborated with a domestic company in China and completely share all the company expenses, profits, and liabilities of that company. Every ownership has their own benefits and limitations, so Joint Venture can allow you access to the network of a local partner and reduce the complexity of the business setup

3. Representative Office (RO)

If you are one of those who want to set up a business without following any complicated procedure, then RO is the one that follows most simple and straightforward structure for opening a business in China. The only disadvantage of setting up a representative business is that it can impose a heavy tax burden on expenses.

4 Major Challenges Of Doing Business in China

Have you been planning to get entry into the fastest growing market? Before getting entry into the most challenging business market, it is better to understand such common challenges that you may need to face at the initial levels. 

There is no denying this fact that China is the fastest developing country but getting enter into this complicated market is not as easy as you may assume. Despite having your documents ready for the ownership or hiring the services of the local agent, it is still complicated to understand Chinese market. So while planning to set up your business into this market, it is advised to have a look at the common challenges that may restrict you accomplish your business goals.

Here are the few common challenges that every new business owner may need to face:

1. Market Access

Being a new business owner, it is very difficult to under the buying habits of the local consumers, local distribution networks, regulatory requirements and so on. What's more, the market environment of China is completely different from the other economies and making your first step really and difficult.

2. Governmental Challenges

Transparency of the government procedure and corruption are chief concerns of companies moving into China, although as the new leadership is ushered in, this is likely to change. The citizens of China actually need to believe the government's decisions serve their interests and there is a growing risk.

3. Choosing The Right Ownership

While entering the new business market especially in China, you need to first decide what type of ownership you need. Whether you need to opt for WFOE Shanghai, JV or RO? Once you will decide upon the type of ownership, rest of the documents have been prepared on that basis only.

4. Tackle Competition

Many Chinese companies are looking to improve the quality of their products and services so they can sell them abroad, which has increased competition as results. In that case, it is difficult to understand how to tackle this market strategy.

Find Out The Simplest Way To Set Up A Business in Shanghai

Have you been planning to expand your business to China? Well, getting entry into the Chinese market is not as easy as it may seem because every business owner has their own monopoly.

No matter whether you a successful entrepreneur or company appointed agent assigned to browse the Chinese foreign investment market, you have a common goal of establishing a foreign exchange entity in China. You may already have sufficient funds, a solid supporting overseas business, a perfect business plan etc. However, in order to avoid cumbersome errors and mistakes, it is important to hire a local agent that can better explain you the process of setting up a company in China. 

There are a number of agencies that provide you the consulting services so that foreign investors can easily set up the business in Shanghai without any hassle. As China is the fastest growing country, many investors prefer to invest in Chinese Market. So if you are planning to invest in the Chinese market, here are the few steps that you need to follow while considering investing in Shanghai:

1.Do Your Homework

While consider investing in the Chinese market, it is best to explore the market first so that you can determine the customer’s need. Talk to people who have already opened offices in Shanghai so that you can learn some great tips from their success and failure. You can start networking at local trade shows and develop relationships with other business owners.

2. Choose The Suitable location

At this point, you have an entire country at your disposal, but you can't set your business down just anywhere and expect to be a success. First, get to know the big cities like Shanghai, Beijing and other major business, government, and industrial centers. If you are running out the budget and want to choose the best location for your business then explore the city first then take an informed decision.

3. Choose An Entity Status

Before you register with the government, you need to decide what type of business entity to register. The most common for foreign businesses are joint ventures, representative offices, and WFOE Shanghai.

Steps To Start A Business In China

China has grown to become one of the world's leading trading economies and a business hub for companies from all around the world. This trend has made doing business in China one of the most lucrative endeavors for companies looking to invest here. China offers both companies and businesses great investment opportunities which explains why every one of them wants to invest in the booming trading economy.

You will get a choice of three corporate structures to set-up a business in China:

● A Representative Office

This allows you to establish a presence in China relatively quickly and cost-effectively. It allows companies to engage in a number of activities through a legal entity with their company name registered in China. Their representative office can engage in marketing, research, business liaison activities and coordinating activities. Through a representative office, you can’t issue invoices in Renminbi, the local currency of China.

● Joint Venture

It can either be an equity joint venture or a contractual joint venture. A joint venture is a limited liability company formed by a Chinese company and a foreign company. With a joint venture, you can choose between an equity joint venture or a contractual joint venture. 

● Wholly Foreign Owned Enterprises( WFOE)

Since 2004, companies have been able to set-up foreign invested commercial enterprises, which are either WFOE or joint enterprises in order to establish retailing, franchising or distribution operations in China. More and more companies are choosing to invest in China through mergers and acquisitions. With a WFOE Shanghai you have a hundred percent ownership of the business in China. 

Here are a few steps to start a business in China:

● Do your homework and pick a location.
● Before you register with the government, you need to decide what type of business entity you need to register with. 
● A detailed five-year business plan is essential as you will be able to operate within its guidelines.
● Find a liaison and organize the necessary documents.
● Provide proof of ownership and get Chinese government approval for the project. It usually takes two to five months for governmental approval, depending upon the location of the project and its size and scope.

There are only three paths for foreign investors to start doing business in China. The options are simple, you can open a representative office, a wholly owned foreign enterprise or you can run a joint venture with a local partner. 

The following documents are normally needed from the investing business entity:

● Articles of Incorporation or equivalent 
● Business license, both national and local (if any) 
● Certificate of Status or a notarized copy of the Corporate Register for the investor or similar document
● Bank Letter attesting to the account status of the investor company 
● Description of the investor's business activities, together with added materials such as an annual report, brochures and website.

Is It Easy To Start a Business In Shanghai?

Undoubtedly, China is one of the fast growing countries were establishing your own business is not an easy task. Not only you need to apply for various business licenses but also look for the many things that can make this entire procedure quite complicated. Here's how to start and grow your business in Shanghai and what kind of license you will be required for your business? 

Whether you are an enthusiastic entrepreneur or company -appointed agents assigned to browse the Chinese foreign investment market, you both have a common goal to establish a foreign business entity in China. You may have sufficient funds a solid supporting overseas business, an exciting business plan, but what if you don't have the license for running a business in China? To avoid all these circumstances, it is important to understand how foreign investors can set up a company or expanding their business into China.

1. Do Your Homework

If you are planning to get enter into the Chinese market and want to grab the attention of the potential buyers, then your first step is to understand the procedure of establishing the company in Shanghai and what important things you will be required to submit while applying for the license or registering your company. Talk to people who have opened an office in Shanghai. Ask them about their success stories and how they succeeded or failed in the market. 

2. Pick A Location

At this point, you have an entire country at your disposal, but you can't set your business down just anywhere and expect to be successful. First, get to know about the prime locations of the Shanghai that perfectly fits your business type and budget too. Also, you need to keep these few points in mind while choosing the location:

●What are your transportation needs?
●What are your logistical needs?
●Are you relying on goods that may be imported to china? If yes, then how can you get the goods from the port to your location?

3. Choose The Entity Status

Before you register with the government, you need to decide what type of business entity to register. The most common for foreign businesses are joint ventures, representative offices and Wholly Foreign Owned Enterprises (WFOE Shanghai). And each type of entity has its own pros and cons.

Once you set the priorities, you can go ahead for applying the business license to get your company registered with Shanghai Government.

Manage Your Divorce Effectively By Hiring Divorce Lawyers

Divorce or breaking of the marriage is the most unpleasant and bitter time in anybody’s life. Thus it is always advisable to have the experienced and trained divorce lawyer who will help you sail through this tough time. Apart from this, you should also be aware of the other formalities like child custody, etc, before getting in the process. Prevention is better than a cure. 

Divorces in China
 

Divorce is a termination of the matrimony bond between the couple. It consists of the demolition of legal duties and marriage responsibilities. Divorce laws vary from one country to another. But altogether divorce is an unpleasant process, which requires expertise on part of the lawyer.


According to the Chinese Ministry of Civil Affairs and China Daily Newspaper, the divorce rates are highest in the biggest cities of China like Beijing, Shanghai, and Guangzhou. The divorce rate is China is ever increasing but it is still lesser than the USA. It is believed that China witnessed two waves because of which the divorce rates have raised to such an extent, first started in the 1950s where returning communist soldiers left their farms and wives and settled in the cities, second arrived after the Cultural Revolution in 1966 and 1980.


Divorce Rules in China
 

• After the divorce, the man gets custody of the children and usually, the wife is excluded from the society and is troubled in getting a job n the market.
• The selling of spouses is illegal in China. If anyone party is sold, the matchmaker or the parent will be punished severely especially if the partner is physically harmed.
  

Reasons for Divorces 
 

There are various reasons for divorces in China. These are:
 

• Adultery: the most breaking of the marriages is caused due to the extramarital affair. According to reports, one-third of divorces are due to extramarital affairs. 25 percent due to sexual problems and another 25 percent due to emotional incompatibility. 
• Delay in marriages: late marriages is also one of the biggest concerns as they do not work out. Around 60 percent of the marriages occurred in old age ended up in divorce.
• Financial instability: the most important reason can be a financial problem between the partners. As many married couples live in separate provinces to sustain a better standard of life. Thus, in the urge of earning and building their careers, they live separately.
  

Divorce Lawyers
 

Divorce lawyers are the legal authorities who help the couples to have a smooth divorce without any legal, financial or personal issues. Below are the reasons why we need a divorce lawyer.
 

• Unfamiliarity with the divorce or family court: it is the role of the attorney that you have hired to settle all the disputes reasonably. Providing all the formalities and following every rule and law of the court. Thus, it is important to hire a trained, experienced and well-established lawyer, especially in family-related matters.
• Protection from the custodial rights: an experienced lawyer will ensure you of all the rights. They will help you in gathering the proofs and documents required in the court of law. Your lawyer will give adequate attention to your children and their interests, as this is necessary to focus on especially in family-related matters.

Conclusion 
 

Divorce is a termination of the matrimony bond between the couple. It consists of the demolition of legal duties and marriage responsibilities. Divorce laws vary from one country to another. A divorce lawyer is responsible for maintaining a healthy environment during the whole court process, the availability of adequate documents, and proofs handy.

3 Reasons Why You Should Consult a Divorce Lawyer

Getting married to someone you love is great. All things happen well and your married life is running smoothly. Sometimes, you have issues with your spouse, and both of you try to sort those problems out. You make your best efforts but your relationship with your partner gets worsen with each passing day. And both of you decide to get separated when you fail to maintain it. In such a case, you need a professional support, and this demand takes you to look for an expert in family law. Here is more on why you should hire a divorce lawyer for your separation:    

Expert Guidance

Marriage has several aspects that require a close look to resolve the ongoing issues professionally. You have a legal representative to look into each aspect of your marriage and guide you accordingly if both of you (you and your partner) are firm on being apart. Child custody, property distribution, and support after separation from your spouse are the matters that require proper attention at the time of your separation. Only an expert in family and divorce law can help you attain what you deserve in your life, even being apart from your married life. A family advocate holds a sound knowledge in what can affect your situation after your separation. 

Help Manage Stress And Avoid Mistakes 

Getting divorced or being separated from your spouse a very difficult time for you, as your emotions have direct engagements. The stress lined with separation is unavoidable. It is hard for you to execute your daily works when you getting separation from the one you loved. Due to the involvement of your emotions, you are highly prone to make mistakes and forget your legal rights. A family law expert can help you manage your stress and advise not to make mistakes that can harm you physically, mentally, and financially. 

Support To Avoid Paperwork Issues

In legal separation from your spouse, you have to go through a documentation process, and you should comprehend it when you decide to divorce your spouse. There is high possibility that you might get incomplete and inaccurate paper if you choose to do and file paperwork yourself. Due to the ongoing stress and emotional attachment, you have no proper idea what to do and what not do while filing papers for separation. A highly educated and experienced advocate can counsel you to help you avoid small mistakes that can delay the separation or court rulings. 

Your legal representative reviews all the paperwork on your behalf and helps you understand the legal aspects that can help you better understanding of court procedures. In the court, the expert strong presents your part and helps you get the separation process done legally as soon as possible. 

Conclusion 

A divorce lawyer is your legal adviser in your separation from your spouse. Apart from providing the required legal advice, the expert helps you manage your stress, avoid mistakes and complete paperwork legally for a healthy divorce.  

Need referrals as a lawyer? Start socializing Today

Most of the lawyers working for wfoe shanghai have started seeing blogging and other social media as an approach to garner personal attention as well as traffic to their websites.

Good amount of posts on various websites in a week can bring home the actual power of social media and social networking for lawyer’s to improve their relationships and grab referrals.

There are many ways of making all these things happen and for doing that you just need go online. By start searching on any search engine as well as social media. Considering that, there are loads of benefits of doing that and some of them are as following;

• Every day, you can meet new people via comments, updates and posts which are shared on a variety of online platforms.

• Whether you initially meet that person online or offline, the web can play an excellent role to nurture your relationships.

• If you want to meet a lawyer of your choice, get online, be yourself and start socializing.

• These lawyers are smart and take all the professional obligations seriously. They use social media to stay updated and connected with their current and potential clients.

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Once you start doing all these things you would be able to find a perfect lawyer from any of the shanghai attorney in china for yourself who will be able to sort out your concerns with ease because for them looking at business development through the Internet is not something new. Furthermore, Meeting people, growing relationships, and building reputation – online as well as offline are the keys to gaining referrals. 

What’s new is the requirement to be social on the web to get those referrals today.