As a foreign professional planning on starting a business in China, it is critical that your corporation maintains a good standing status in its place of origin. The Chinese government will require a Certificate of Good Standing from you before letting you register your company in the country. Maintaining this status is fundamental for the future success of your business.
As a new foreign business owner in China, you might be spending more money than you intended on research to understand the Chinese market better. Investing in a corporate structure in China may seem out of the question for the moment, therefore you need to look for low-cost options to manage a small team of people while focusing on developing your business.
As a foreign company doing business in China, it is fundamental to have an trustworthy accountant who can not only help you with your financial decision making needs, but most importantly will guide you efficiently through the complicated Chinese tax and legal system.
With more than 900 million active users, WeChat has changed the way people in China live their daily lives. What began as an application to send messages similar to WhatsApp, has since morphed into a multidimensional platform that offers its members a simple yet highly effective way to take care of most of their everyday needs, from paying bills to transfer money, get news and manage personal finances, among many others.