Set up company in China may be something you are considering. Of course, deciding to set up a business in any country is a big decision, but there are many benefits associated with China that are guaranteed to put your mind at ease. This includes the sheer number of people that reside in China - more than 1.36 billion! Not only this, but China is the number one trading nation and manufacturer by output on a worldwide scale, their GDP is the second highest (with only the U.S. boasting higher), and household incomes in China are soaring.
The last point, in particular, is very important, as more than 300 million people are now considered middle class in China. In fact, by 2030, it is predicted that 70 per cent of the population will be urban middle class. This means that there are many markets available to those considering setting up a company in China. Foreign countries are finding growth markets for advanced manufacturing, specialised professional services, education, tourism, processed food, agricultural produce, and much more. The very low employment costs are another major draw for those considering setting up a business in China.
If the low costs and rapidly increasing consumer wealth was not enough, you will also benefit from a dynamic fast-growing economy, a favourable business atmosphere, a large pool of trained labour, and a major emerging market. You can also find a large selection of quality products at very competitive prices in order to start setting up business in China. For example, a lot of investors start doing business in China in producing toys, chemicals, metals, raw materials, footwear, apparel, textiles, amongst others. Many top names from across the world can now be found in China, and it is not difficult to see why.
If you are wondering how to set up a business in China, Yaxin can help you to get up and running. Our team has an abundance of experience in helping foreign investors with business registration China wide. Our services include License and Permit Registration, annual audit and compliance, visa assistance, profit repatriation, Company Registration, Joint Venture and Representative Office registration, as well as Payroll, HR and Compliance services. To find out more about our business and the benefits of using our service, simply head to http://www.86startup.com. Alternatively, you can get in touch by calling 010-5747 3212, and one of our friendly team members will happily help.