Foreigners starting a solely owned, wholly owned, foreign enterprise in Hefei

[Aussie Mike]

It's not simple! Joint ventures are favoured by China thus much easier to establish

As a solely owned enterprise, there are issues to deal with on each individual basis such as,
Visa restrictions, you can not conduct business if you are teaching, nor can you teach if you have a business visa.

However, you can invest! If you employ a Chinese manager to run the business, you can continue your current employment contract.
Once your company is established, you can then apply to employ a foreigner, yourself. This process in some situations can take more than a year to qualify.

Other things to consider are inspections and certificates to obtain for specific areas of business.

Chinese law requires more registration process and conditions to issue certificates and permissions to conduct business as a sole foreign owner, as there are even more conditions for a sole foreign owner than a wholly owned foreign enterprise, partnership arrangement.

Initial capital
The amount will depend on whether you want to keep the money in China, 100,000 rmb capital is the minimum requirement but the money must remain in China. To set up an International company that can take profits out requires a minimum of 500,000 rmb from a foreign source.

Here's another link for now, I will develop this page a little later.

Ask or comment

[Tim S. Mercurio]

I am tim,I wish to say welcome to the new and former expats here on hefeiexpat.com

I had been here nearly 6 year's and wish to allow myself to introduce my new company,I am founder and ceo of alltrusts..
If you are or planning on going back abroad or to your home country. my business offers wicker furniture and products and jadeite jade all at lower wholesale cost and all products are personally inspected and checked by me and my team. we at alltrusts deal with the language and cultural barriers,so you dont have to.
I also deal with negotiations and promised fixed costs that last and will never change for the next 5 years.
My company is about honesty and trust!, esp. while many expats here may claim or think that they had been hassled or overcharged ,this is why i had founded alltrusts so that way business keeps its tradition and win win efforts on success.

if you are interested or wish to know more
please refer to customercare@alltrusts.com
or www.alltrusts.com
you may also promote my business or link exchange at anytime

thank you for your time

tim

[Aussie Mike]

You don't have a link exchange for us.

[Tim S. Mercurio]

You don't have a link exchange for us.

as i mentioned above,you may request an exchange or any business related matters to customercare@alltrusts.com
if i would to add the code,this would just be exploiting ,and would have nothing to do with traditional business ethics.

I can very well easily had put the code there, but arent they not allowed in hefeiexpat forums? as i think 2 years ago was mentioned

here is the link click on the banner




<img src="[url]http://i1209.photobucket.com/albums/cc386/alltrusts/webbanner.jpg" border="0" width="600" height="300" alt="www.alltrusts.com" />[/url]

[Tim S. Mercurio]

You don't have a link exchange for us.

as i mentioned above,you may request an exchange or any business related matters to customercare@alltrusts.com
if i would to add the code,this would just be exploiting ,and would have nothing to do with traditional business ethics.

I can very well easily had put the code there, but arent they not allowed in hefeiexpat forums? as i think 2 years ago was mentioned

here is the link click on the banner


I am planning on updating and renewing my website for the new year and will be adding new product information
for bulk and individual buying,



<img src="[url]http://i1209.photobucket.com/albums/cc386/alltrusts/webbanner.jpg" border="0" width="600" height="300" alt="www.alltrusts.com" />[/url]