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Actually I came here because my wife missed home, and the business isn't official(that is, isn't registered which because I'm not Chinese takes a lot of time an
by dublinclontarf 16y ago
Actually I came here because my wife missed home, and the business isn't official(that is, isn't registered which because I'm not Chinese takes a lot of time and money and could very well be flat out rejected, have a read of some posts at China Law Blog http://www.chinalawblog.com/ http://www.chinalawblog.com/ , they cover the details).
Basically this is something I've just gone ahead and started, will work my ass off to make work, and if it does, and is worth while then I'll go official.
- jacquesm 16y agoOk. how about your own very private VPN to a machine abroad somehwere ? I'm willing to host it for free for you if you play nice just to get you out of the bind you're in. Mail me if you're game.
- jacquesm 16y agoOk, mailed you back with access info, hope you got it!
- dublinclontarf 16y agoGot it, thanks, working great.
- mkramlich 16y agoOne down, one billion to go? :)
- jhancock 16y agoMy wife is Chinese as well. She manages our China company. We're registered as an IT company. Its not a WOFE, but a full Chinese entity with only Chinese shareholders, which has some benefits. I'm the General Manager of the company. Good luck with your business. I do recommend getting a company in order as soon as you can afford it. For the most part, so long as you are not cheating the tax man, you can get away with operating without proper company structure for a while. Also, when you do setup a company...shop around different districts for tax deals. Some districts in Shanghai, for example, may give you a lower tax rate to encourage your type of business. IT is usually a preferred business type.
- vorg 16y agoTax breaks here can be meaningless. One city gave a tax break on profits for the first (I think) three years in new businesses set up by foreigners. Hey, any business that can make money within 3 years is already being done by locals.