Special Report on
Setting Up A Representative Office
Setting Up A Representative Office - Trends
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1st There are three basic business models for foreign companies to establish themselves in China: joint ventures, wholly foreign-owned Companies, and the representation (ROS). 2nd Foreign companies are often suspicious of establishing a permanent office in China, given the high running costs and complexity of setting up RO. 3rd There’s no substitute for follow-up to the person on the ground in China, local economic trends to identify business opportunities, contacts with potential customers, local officials and building firms. Not all employees can use to perform these tasks, the company’s needs. What is RO worth it? ...
Considering setting up a Representative Office (R.O.) in China? Barbara Cisneros from INAEL Electrical Systems SA takes us through the steps she followed and gives us some tips based on her experience setting up in Shanghai in 2008. 1. – Obtaining the License. Tip: Get somebody to guide you through the licensing and legal process. Experience: There is a huge load of paperwork and you will not be able to do it on your own. In our case, we hired a Spanish law firm with an office here, as we also needed to legalize/authenticate paperwork for Spain. Once you have all the paperwork ready ... Read More
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