Operating in China

Increasingly there has been a mad scamble for western organisations to enter the Chinese market. From software companies, consultancies, banking and related organisations to engineering, the list in endless. Understandably every organisation with a global vision wants to enter the Chinese market as soon as possible. However the task itself can be fairly daunting.

It is difficult enough to secure business in China but once contracts are secured it is even more difficult a task to consider how to operate your business from China. Owning and operating a business in China can be an absolute nightmare, there are that many administrative nightmares to negotiate, something that is difficult enough in your own language, legal system and culture but then add in the variable that is operating under a completely different system, in a different language, legal system etc.

You can try to service your clients from afar but invariable this is going to cost you business and effect your ability to service your clients. Your first option is to open a WOFE (whole owned foreign enterprise), something that will take about 4-6 months to complete and can be quite an arduous and expensive operation (http://www.healyconsultants.com/company-incorporation/china-wofe.html).  

Your other option is to have a locally based Management Company employ your locally based staff and in some cases even invoice your clients. Saving you time and money and enabling you to service your clients immediately. The decision really depends on your time constraints and your desire to deal with local administration. Try contacting us for more information.