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I've gone through the process of starting a WFOE and I'm currently in the process of setting up a JV with a local partner in China. Yes, it takes longer than st
by sdm 9y ago
I've gone through the process of starting a WFOE and I'm currently in the process of setting up a JV with a local partner in China. Yes, it takes longer than starting a company in Canada: about 6 months in China vs. about 2 business days in Canada. I would describe the process as more "tedious" than "difficult". But what is important is that it's not much more difficult than for a local to start a business in China. Any difficulties are due to China's large and annoying bureaucracy than anything nefarious. If you're doing business in China you will have to deal with bureaucracy. It's annoying and it sucks, but it also hits everyone, local and foreign, more or less equally these days (that wasn't so much the case 10 years ago).