Starting a company in China Good news for foreign companies: The ease of doing business in China is increasing This October, the World Bank released its annual ‘ease of doing business’ report. This year, the report is called “Doing Business 2020.” It showcases the progress that countries...
There will always be fresh opportunities in China’s business rules and regulations since they change so quickly. Some industries aren’t even regulated at all. China’s internet banking and digital health industries, for example, make it simpler to run a company than in any other established c...
To start a company in Canada, you can choose the following options. Partnership A partnership is a business arrangement where individuals, corporations, or other alliances work together for profit. You can do a general, limited, or limited liability partnership based on your business’s needs....
Liang Yi, 24, told Sixth Tone that she had been subjected to a similar boot camp by her first employer, a major privately owned power company based in eastern China’s Jiangxi province. Days before she was due to start work in 2023, Liang was informed that she would need to complete an...
Pre-considerations when setting up a FICE 1) Location The registered address of a company must have a lease agreement of at least 12 months and must not be an address shared with other companies. Virtual addresses are not suitable for WFOE registration in most areas of mainland China. ...
The corporate tax rate is capped at a flat rate of 17% on a company's chargeable income. New companies may also take advantage of exemptions and tax breaks to pay even lower rates. There are no capital gains taxes in Singapore, which follows a single-tier tax policy; for income that ...
China''s reform and opening up has already been surging forward for four decades since its launch at the Third Plenary Session of the 11th CPC Central Committee in late 1978. In these four decades, economic reform has grown in breadth, depth, and intensity gradually spread from rural to ...
Li Ning, the largest producer in China's sportswear market, has just launched an advertising campaign under the slogan "Goodbye" and "Anything is possible." Costing 150 yuan (8.88) eight times the company's usual ad spend, it taps into the Chinese belief that they safely wave goodbye to ...
If you're producing something that needs to remain secret give up - IP law exists here but basically it isn't upheld. You can download anything in China. Also if there's any conflict with workers or business partners you've lost - the law is not on your side. There are also a ...
(2) Facilities and employers needed by a fixed business site; (3) Registered capital that accords with national regulations; (4) Range of business that accords with national laws, regulations, and policies; (5) Complete financial system, independent check system, assuming sole responsibility for ...