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Wednesday, November 10, 2010

Start your business in China with Cathay Connetion

Start your business in China with Cathay Connetion

Cathay Connection can process your company registration in China and Hong Kong. We have a large experience as consultants and counselors for foreign investors, that want to do business in China and Hong Kong.
Our professionals have a large experience, helping people and companies that need to start a business in mainland China and Hong Kong. They have strong knowledge in China regulation for foreign investors and business. That makes your project smooth and secure, because we ensure that our customers will have the best service for the most affordable costs.
We are based in the City of Shenzhen in China and Deerfield in Florida USA. We provide to our customers information and services with flexibility and personalized. For your convenient, we speak English, Chinese Mandarin, Cantonese and Spanish.
Our stock holders and partners are western companies and top Chinese professionals. We have two partners companies, one in the USA and one in Hong Kong. That allows us to provide you payment flexibility, by using credit card, PayPal, or other payment methods in any of our locations such as USA, Hong Kong or Mainland China. You pay at home and we guarantee our services and your investment.
With Cathay connection is not a mystery and nor difficult to start your business in China, either way, manufacture and export, sell your products in China or provide services to that huge emerging market. We make your business possible, we broke the myth that China is only for big western business and large investors. Small and medium business have an opportunity with us, and we will be your support in China. Contact us we will be happy to assist you.
Different types of companies that can be incorporated in China
There are mainly four types of different business setting up for foreign investors in China-Hong Kong company (HK company), WFOE (wholly Foreign Owned Enterprise) , RO ( Representative office) or JV ( Joint venture). After china’s joining in WTO, more and more business fields are allowed for foreign investors to invest as the type of wholly foreign owned. Representative office is also become very popular among those investors who do not have much understanding about the potential of the Chinese market. Joint Venter entity will help foreign investors who wants to invest in limited business fields such education, Media, Medical industry etc.
Register a company in Hong Kong (Hong Kong offshore company)
There are many options for offshore company setting up, such as Belize, British Virgin Islands, Cayman Island, Singapore and HK. HK, being the most welcomed trade center in the world, is one of the hot choices for setting up offshore company, due to the tax benefits, account filing requirements and easy and fast paper works to set up. For bank account opening, there are all the famous bank branches, enables you to have full options to choose which bank to open the account.
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Register a Wholly Foreign Owned Enterprise Company in China (WFOE)
A wholly foreign-owned enterprise is a business entity formed in China entirely with foreign capital. It is totally under foreign control and does not have any formal Chinese ownership participation. For a foreign company to be able to issue receipts and export goods from China, it must be able to legally registered as a local company or a WFOE. A WFOE is set up as limited liability entity and represents separate legal persons and is taxed according to local legislation.
WFOE’s can generally control their own governance through the articles of association and the normal minimum paid up share capital starts from 1 million RMB (approximately US$140,000), however some provinces offer lower capital requirements in order to attract more foreign investment. Many foreign investors find this type of company attractive because of the full control and 100 percent ownership.
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Make a Joint Venture in China (JV)
Joint Venture with a Chinese Partner can be two types: Equity Joint Venture, which both parties invest capital according to their percentage of the shares. Cooperative joint venture, which investors can be two different entities or can set up one legal entity, but the capital contribution is not necessarily based on cash contribution. The profit sharing can be based on the cooperative conditions such as technical support, sharing on the office equipment etc.
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Setup a Representative office in China (RO)
Foreign investors may setup Representative Office (RO) in the main cities in China (mostly in ShenZhen, GuangZhou, Shanghai and Beijing) for business connection, products introduction, marketing, technology exchange and consulting services. However, direct business activities in RO are not allowed.
Mo

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