The establishment of a Branch Office can be an efficient and cost-effective way to expand a company’s business to other areas within China. In our article we discuss the requirements, benefits and limitations of branch offices and elaborate on the setup procedures.
China’s Negative List for foreign investment provides guidance and governs industry sectors in which foreign investment is prohibited or restricted. In July 2020, the Negative List was updated and the measures limiting foreign investment into China were reduced for the fourth consecutive year in a row, with the Chinese government citing its long-term commitment to reform and opening of its economy as well as the impact of COVID-19.
In this article we discuss the method for individuals to transfer income from employment to a bank account abroad safely and compliantly.
Providing a shareholder loan to a Chinese subsidiary is limited to the so-called foreign debt quota. In this article we discuss the two methods used to determine the quota.
When a company decides to wind down the China operations, it is essential to follow the necessary steps to avoid adverse consequences for the company’s and the registered personnel’s future in China. This article summarizes the important steps to take when liquidating an entity in China.
The rules and regulations for foreign companies to do business in China can be considered as strict and for some businesses even as restrictive, However, it certainly remains possible for foreign companies to do business in China without owning a local entity. Foreign companies can sell their services in China, sell and import their goods into China and have their products produced in China, all without owning a local entity.
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