April 4th, 2008 by China Business Success Stories
For the non-lawyer among us, forming the legal entity for a new business can act as a small roadblock in the early stages. In China, formation can be a much larger roadblock, especially as a foreigner trying to navigate countless ministries, language barriers, develop the necessary guanxi, and just generally figure out how the system works.
Due to this, my idea was to have my business started in China in the name of a local partner who’d be responsible for all government, incorporation, and tax issues while leaving me with execution and operations side of the business…
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June 28th, 2007 by China Business Success Stories
Although Stanley Chow from Hong Kong hasn’t come from far, China is still an eye-opener for him. Two years ago he got invited to China by CCG (Communication Central Group) to help amalgamate five smaller companies. He discovers a thousand and one differences between people, cultures, skillsets, experiences, work atmosphere, and lifestyles. His assignment? To establish a harmonious collaboration. How he manages to do that? “Being honest is the key.”
As a real ‘Hongkie’ (people born and raised in Hong Kong) Chow is brought up in the knowledge that his future is rosy. “There is a very well-respected writer in Hong Kong who wrote an article named ‘I am a Hongkie’. He explained that Hong Kong has had very good prosperity over the last twenty years, and that chances are Read the rest of “Hongkie talks Chinese” or post a comment
June 1st, 2007 by China Business Success Stories
On his first visit to China in 2004, Alexander de Nerée liked what he saw. So when he was asked to set up De Nerée Advocates in Hong Kong, it did not take him long to decide.
“I am really fascinated by China, but I also feel fortunate to be living in Hong Kong. Hong Kong is really ‘China-light’. Not so much fun, but healthier for you. With the fairly Westernised attitude of the Hong Kong people and the relatively high standard of English, the business climate for foreigners is better here then in most parts of China. It’s like Switzerland in Asia. Everything is well-organised and clean.”
So there is not much work to do for lawyers in Hong Kong then? “Quite the opposite. Many businesses choose Hong Kong as their base to start operations in Asia. An obvious choice: all the leading banks, insurers and accountants are around the corner. Hong Kong also plays an important role because of its favourable tax regulations and the excellent legal infrastructure. It is actually a sort of ‘home away from home’. A safe haven to start if you are looking to do business in mainland China. Where of course other legal concepts and basic business rules apply. In that last category, when clients ask about do’s and don’ts I generally advise them to Read the rest of “Lawyer’s advice on legal self-protection in China” or post a comment
February 14th, 2007 by gertjan
In the quest for the essence of doing business with China, Hong Kong is historically speaking a logical port of call. In this dynamic city with a population of more than 7 million, we team up with Daniël Ben-Ezra, Media Director of Spotz Media. December 2005, he severed his ties and set out for China, armed with a pocket sized Lonely Planet. What are his findings so far? Can he confirm the prevailing prejudices about the Chinese and doing business in China? Or does he dispel any form of cultural clash? Read the rest of “China demands common sense” or post a comment
