Hefei Expat - China

Old Forums => Legal => Business => Topic started by: 小心地滑 on June 04, 2009, 08:19:46 am

Title: How to go about setting up a business in Hefei?
Post by: 小心地滑 on June 04, 2009, 08:19:46 am: I know some people in Hefei are fairly well read on issues of this sort, therefore I'd appreciate help from those particular people. So:

Does anyone know the procedures for a foreigner wanting to successfully and legally set up a small commercial venture in Hefei? For example, what are the requirements for becoming a 'director' or similar? With your own company do you have the right to get a working visa of some description? How much investment capital is needed?

Any information is welcome!
Title: Re: How to go out setting up a business in Hefei?
Post by: ebby on February 21, 2011, 12:03:55 pm: Hi 小心地滑, I heard it's kinda difficult for a foreigner to register a business here but much better and easier if you have a chinese partner to register on your behalf Business F visa is sure on this . And except you are working as a representative of your company here , you may not be able to get a working visa.

Requirements:

1. Company name( to be verified before proper registration begins)
2. Cash running up to 100,000 yuan (if not hard currency)
3. Office address
4. ID card
There are others I cannot be sure of, I hope guys can add to this list.
Title: Re: How to go out setting up a business in Hefei?
Post by: Aussie Mike on February 21, 2011, 12:06:49 pm: It's a catch 22 at times as you need to have the business premises before you register.
Title: Re: How to go out setting up a business in Hefei?
Post by: rae on February 22, 2011, 12:49:58 pm: u dont really need 100,000rmb to set up a company, the least to set up an company account is 30,000rmb. if u go through an agency, they will help u to set up a company account which means u can save u at least 30000rmb, but u need to pay the agency some money (depends on how much ur account values)which is not much.
Title: Re: How to go about setting up a business in Hefei?
Post by: ronaldcarter on October 02, 2011, 08:37:24 am: I am planning to set up a business, can someone tell me what will be the initial cost of setting up a retail business there?