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If 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 be
by toisanji 18y ago
If 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.