Começando um negócio novo em China (pinta 1): Entidade legal
Por Toffler Niemuth
Para o non-advogado entre nós, dar forma à entidade legal para um negócio novo pode agir como um roadblock pequeno nos estágios adiantados. Em China, a formação pode ser um roadblock, especialmente porque um estrangeiro que tenta navigate ministries incontáveis, barreiras de língua, desenvolve o guanxi necessário, e apenas geralmente uma figura muito maiores para fora como o sistema trabalha.
Devido a isto, minha idéia era ter meu negócio começado em China no nome de um sócio local que' d fosse responsável para todo o governo, incorporação, e edições do imposto ao me deixar com o lado da execução e das operações do negócio. No fato, seu muito mais fácil para que o chinês comece um negócio (em China) do que estrangeiros. Certamente, a necessidade chinesa CNY1 das pessoas somente começa um negócio. Em todo o caso, eu pensei que esta era a mais melhor planta, mas então as perguntas de vender, de repatriamento dos lucros, etc. começaram rastejar em minha mente assim que eu procurei o conselho adicional.
Um empreendedor americano do companheiro em China sugeriu que eu incorporo uma companhia prendendo em Hong Kong que abririam então uma subsidiária possuída completamente extrangeira (WOFE) para se operar no Mainland. Isto permite que a companhia de pai de HK seja comprada e vendida sem sempre tocar na subsidiária e tem que conseqüentemente tratar de transferência de título no Mainland (aparentemente um nightmare).
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A different site suggests that information is outdated and therefore “With China’s entry into the WTO, these conditions were gradually abolished and the WFOE is increasingly being used for service providers such as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




































April 5th, 2008 at 5:48 am
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.
April 6th, 2008 at 4:45 am
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!
April 6th, 2008 at 4:55 am
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