3 ms·
In the US, it's relatively easy to start a corporation and trivial to start a company. In much of Europe, there are significant fees and/or capitalization requi
by rms 18y ago
In the US, it's relatively easy to start a corporation and trivial to start a company. In much of Europe, there are significant fees and/or capitalization requirements to start company. What barriers are there to starting a corporation in mainland China? Can you be based out of Beijing but incorporate in Hong Kong? I would guess that incorporating in Hong Kong is like in the USA but incorporating in the mainland is more like incorporating in Europe.
- toisanji 18y agoIf you have a Chinese passport its easy to setup a company in China but if you have a foreign passport then you need to have a lot of money in a Chinese bank before they allow you to register a company, I think about $100,000 US. I've heard Hong Kong is simpler, but I haven't tried. One situation I recommend if possible for you is to setup 2 companies, one in the US (or wherever your homebase is) and one in China. I dont think China is currently very startup friendly, but I hope that will change.