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Beginnen eines neuen Geschäfts in China (Pint 1): Zugelassenes Wesen

4. April 2008 durch China Geschäft Erfolg-Geschichten

Durch Toffler Niemuth

Ausländeranfang eine Firma in ChinaFür den Nichtrechtsanwalt unter uns, kann die Formung des zugelassenen Wesens für ein neues Geschäft als eine kleine Straßensperre in den frühen Stadien dienen. In China kann Anordnung eine viel größere Straßensperre, besonders da ein Ausländer, der, versucht unzählige Ministerien, Sprachbarrieren zu steuern, das notwendige guanxi entwickeln, und gerade Abbildung im Allgemeinen sein heraus, wie das System arbeitet.

Passend zu diesem, war meine Idee, mein Geschäft in China im Namen eines lokalen Partners beginnen zu lassen, der' d für alle Regierung, Gesellschaftsgründung und Steuerausgaben beim Lassen ich mit Durchführung und Betriebe Seite des Geschäfts verantwortlich ist. Tatsächlich sein viel einfacheres, damit Chinese ein Geschäft (in China) als Ausländer beginnt. In der Tat beginnt chinesische Notwendigkeit CNY1 der Personen nur ein Geschäft. Sowieso dachte ich, daß dieses der beste Plan war, aber dann Fragen des Verkaufens, der Repatrierung von Profiten, des usw. begannen, in meinen Verstand zu kriechen, also ich zusätzlichen Rat suchte.

Ein Mitamerikanischer Unternehmer in China schlug vor, daß ich eine haltene Firma in Hong Kong enthalte, die dann eine insgesamt in ausländischem Besitz Tochtergesellschaft (WOFE) öffnen würde um im Festland zu funktionieren. Dieses erlaubt der HK Muttergesellschaft, ohne die Tochtergesellschaft überhaupt zu berühren gekauft zu werden und verkauft zu werden und muß folglich, übertragung von Eigentumsrechten im Festland (anscheinend ein Alptraum) beschäftigen.

I cross-checked this advice with another Australian entrepreneur in China who said this only works if you have operations in another country. According to her, the Chinese government doesn’t allow this method if you don’t have operations in another country, which I have no intention of having (initially, if ever).

Further research suggests I may not be eligible for a WOFE anyway as I intend to ’sell to the Chinese market’, well, more accurately provide a service to expats (and some Chinese) within China but I guess that’s still the same. According to that same site, my local partner could act just as I had in mind: “The local partner […] may be a silent partner who was acquired by the foreign firm simply to gain domestic market access.”

A different site suggests that information is outdated and therefore “With China’s entry into the WTO, these conditions were gradually abolished and the WFOE is increasingly being used for service providers such as a variety of consulting and management services, software development and trading as well. […] The advantages of establishing a WFOE include: Capable of converting RMB profits to US dollars for remittance to their parent company outside China.” By comparison to the Chinese who can start a business with CNY1, a WOFE requires registered capital of USD120,500.

Guess its time to consult a lawyer. In the meantime, I welcome anyone’s advice who has had experience with this.

Toffler Niemuth, Shop My Shanghai

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3 Responses to “Starting a New Business in China (Pt 1): Legal Entity”

  1. China Law Blog Says:

    Nearly everything you say on here is wrong. There is no good way to start a company with a Chinese partner without it being a joint venture. If you are going to sell to China from within China, you almost certainly do need a WFOE. It is almost always easier to have that WFOE owned by a foreign company (though it is possible to have it owned by you individually), but that foreign company certainly not need be from HK; in fact most of the time for our American clients it makes sense to form a US LLC to own the Chinese WFOE.

    I can tell a million horror stories of foreigners who tried to save money by having a Chinese “partner” start their business for them in China as a domestic company owned by the Chinese partner “on behalf of the foreigner.” Worst case scenario is that the Chinese partner runs away with the company as soon as it gets profitable.

  2. China and I Says:

    Some people shall be very careful when they publish so called “experts”. The first guy or girl who comes to town -here actually in Shanghai- she/he knows how it works here.

    I can understand that there is a demand for China expertise on law and management but not everybody qualifies for it!

  3. Tina Chen Says:

    I agree. I also do not think it is a safe entity for you, Toffler! Now I am working in a foreign company in the name of Chinese local in Dongguan as a Canadian boss’s assistant. The problem will happen is like the local man will interfere every field, finance, management,ect. which will make you headache.
    Another, policy of the inner China and coastland economic area is different. So where is your ideal place for entity?
    Anything you want to know more about China, you can contact me at: tinaleaf33@gmail.com

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