11 March 2021, What does it take to Set-up and Operate a Foreign Company in China? - Online
Until a few years ago, setting up a foreign-invested company in China could be a difficult, slow, and costly process. This created the wrong perception among foreign investors, in particular SMEs and entrepreneurs, that it was too risky and not worth the trouble.
But to attract more foreign investment, China has in recent years been pushing through many new reforms. These reforms have made it steadily easier, quicker and cheaper to set-up and operate a foreign company by reducing capital requirements and taxes, offering incentives, cutting red tape, and speeding up processing times.
With fully dedicated local employees on the ground in China, foreign companies can also benefit from getting access to many more sales channels and connecting directly to a much larger and constantly evolving customer base in the Chinese market.