Low Cost Ways to Expand Into China

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Low Cost Ways to Expand Into China

Saturday, September 15th, 2007 Subscribe To Our Feed

Are you thinking of expanding your outsourcing business to China? So what are your options for a low-cost solution?

The solution will differ according to the nature of your activities, which can generally be classified into two types:

Sourcing, distribution and exporting; or manufacturing.

For sourcing, distribution and exporting business, you could consider setting up a representative office in China for the following reasons:
- No registered capital required;
- Low incorporation costs; and
- Short incorporation procedures.

For manufacturing businesses, you can consider setting up a wholly-owned foreign enterprise or find an original equipment manufacturer for contract manufacturing.

Setting up a wholly-owned foreign enterprise will require the commitment of a certain amount of registered capital.

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