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About starting a business in China




Well, there are many complications to start a small business is China. Many people instead register their business in Hong Kong so you only pay 3% franchise tax instead of 20% and this also makes international money transfers easier.

Consider this

If you have a business in China are required to give employees certain benefits from certain, however many companies do not and run illegally (I know that companies with multiple factories, 100s of employees and non-legal business registration )

Potential pros and cons

I'd like to see the pros and cons of having you own business liability insurance for employees, facilities, insurance and taxes on import and export tax wages will need licenses for the team that sells more instructions. also training for equipment use. cash flow and a contingency fund for the unexpected, to be in business, especially if you plan to rent a room. also a good business plan, if you want to get a bank loan or business loan from the bank. or investors

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