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Author Topic: Business in China and The iQubator solution  (Read 9186 times)

HysonDu

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Business in China and The iQubator solution
« on: June 15, 2012, 05:23:36 am »

China has today the largest and fastest growing online market in the world. eBusiness is booming in China and it will soon dwarf all other countries, including the US.

China’s business environment is complex or as someone said – everything is possible in China, but everything is difficult in China. iQubator takes the “difficult” out of the equation.

In order to enter the Chinese market a company must fulfill many complicated, costly and risky procedures such as existed several years outside China, invest several hundred thousand USD in a so called FICE WFOE company that gives the right to sell to Chinese consumers, rent office in specified, expensive places and go through up to half a year of bureaucratic and costly registration procedures and even longer to exit the market! (to compare to the couple of days European companies are used to).

The companies also have the possibility of starting up a representative office. A rep. office is though not a legal person and therefor has no rights to conduct business (hire personnel, invoice customers etc) yet still has to pay taxes (on money used) and is highly restrictive and bureaucratic.

Not to mention the cultural and language barriers! The way of conducting business in China, the way of managing Chinese employees, the regulations, the negotiations and bargaining, just to mention a few more aspects of venturing out alone out on the Chinese market.

Based on the new regulations allowing foreign companies to sell to China through payment systems such as Paypal and Chinova without incorporating local companies iQubator is helping you to solve these problems by offering a tailored solution to minimize costs, time and risks.

The company can be newly started,  and doesn’t need to have any actual activity in China since all activity will go through iQubator.

No need of any investments, all you need to do is to pay our fees, iQubator takes care of the rest.

You can rent as little as one single table for a few months! iQubator takes care of all bills, bureaucratic procedures, employments, invoicing and lets you conduct a normal business.

Please visit us:   http://www.iqubator.com
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Haiying

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Re: Business in China and The iQubator solution
« Reply #1 on: June 15, 2012, 07:41:10 am »

correct me if misunderstood.  if international trading, the foreigners can do without business existance in China. otherwise, some legal provisions will apply. foreign investors normally (1) second some staff to collect data or research market without registering with a local AIC, or (2) establish some rp if some material liasion work or outsourcing work need to be handled in china, or otherwise (3) estabish WFOE, JV, Partnership in China if business will foreseeably grow up in China, otherwise, problem will arise in its remittance of profit out of China, reinvestment in China, or in its winding up.  In my opinion, although the procedures are complex, but some are necessary if you decide to do business in China in the long run for compliance consideration.
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evia

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Re: Business in China and The iQubator solution
« Reply #2 on: July 10, 2012, 02:48:52 am »

That sounds great! Is there any risks?
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Aussie Mike

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Re: Business in China and The iQubator solution
« Reply #3 on: August 18, 2012, 10:40:40 am »

An off shore foreigner can do business with China but not in China.

An Expat in China can conduct business if legally registered.
An expat can work in China, e.g. teaching and own a different business but only as an investor, the company must have Chinese staff. With 3,000,000 rmb investment, you can apply to employ foreigners for your own visa.

I'm not certain of this YET!
I believe for a foreigner to own an apartment in China they must live in it.
China has a residency visa for this purpose.  ;D

By owning an apartment you can get a residency visa, by owning a company you can make an income.
This is a better option than investing 3,000,000 rmb ($500,000).

I am checking this one now.
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