Expats in Asia > Working In Asia
Has anyone ever started a business in China
Willy The Londoner:
I arrived here with a business based outside China and now have an additional two businesses also based outside China.
My advice to anyone thinking of opening a business here is DONT. Well at least not in Mainland China. There is too much red tape and payments to be made.
Hong Kong is easier. Some restrictions on opening bank accounts but easily overcome. And there are many virtual offices and proxy company officers around as has been said.
Mind you I also have a virtual office in London and calls come direct to me. I can also ring any number in UK for a nominal yearly fee.
Willy
Willy The Londoner:
--- Quote from: Paul Todd on August 11, 2010, 12:41:20 am ---Good luck with that Arnold. I know a few Chinese businesses that have warehousing in the Czech Rep seems to be a favorite, think it's something to do with "Flexible" import laws. People often think that China is only good for export but the demand for imported goods is huge. Having connections in the Shanghai customs dept is a massive plus point and must help a lot with your importing plans. Like I said I hope it works out and we soon see you being driven around Shanghai in the latest BMW in an Italian silk suit.
--- End quote ---
China is opening up more to import goods as they want to reduce their positive trade balance into something more acceptable to the World. The professors talking on TV last night said that China is especially looking to import from and aid the USA financial problems. Imagine China saving the mighty USA! But they would expect some of the trade tarifs to be removed.
Willy
Mikael_Shim:
--- Quote from: Willy The Londoner on September 07, 2010, 03:44:01 am ---
--- Quote from: Paul Todd on August 11, 2010, 12:41:20 am ---Good luck with that Arnold. I know a few Chinese businesses that have warehousing in the Czech Rep seems to be a favorite, think it's something to do with "Flexible" import laws. People often think that China is only good for export but the demand for imported goods is huge. Having connections in the Shanghai customs dept is a massive plus point and must help a lot with your importing plans. Like I said I hope it works out and we soon see you being driven around Shanghai in the latest BMW in an Italian silk suit.
--- End quote ---
China is opening up more to import goods as they want to reduce their positive trade balance into something more acceptable to the World. The professors talking on TV last night said that China is especially looking to import from and aid the USA financial problems. Imagine China saving the mighty USA! But they would expect some of the trade tarifs to be removed.
Willy
--- End quote ---
Hehe, u seriously think the mighty USA can be saved at all? From what? Itself ? ;)
I just read, China holds 3 trillion us$ in US debts. And i dont remember numbers, but its said Japan holds enough to collect the whole country 2 times over. Pretty ridiculous amounts of money spent on waging war to control resources that could never come close to being worth it. but as always, in war, money = nothing, resources = everything
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