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Economie - Établir une société
3 Types of Business Entities in China
This document was written by Mr. Nicolas Musy,
Senior Consultant, CH-ina
SinOptic remercie M. Musy d'avoir fort
aimablement mis ces textes à sa disposition.
| Activities |
REP OFFICE |
TRADING COMPANY |
DISTRIBUTION COMPANY |
| Legal status |
Not a legal person, represents and engages the
legal responsibility of the HQ |
A foreign invested limited liability company under
Chinese law |
A foreign invested limited liability company under
Chinese law |
| Minimum registered capital |
None |
US$200'000.- |
US$200'000.- |
| Office area |
Restricted to approved office buildings |
Special bonded economic zones until 2005 |
Special bonded economic zones until 2005 |
| Office rent requirement |
No specific requirement |
In the above area, US$10'000 p.a. |
In the above area, US$10'000 p.a. |
| Warehousing space |
No warehousing |
No warehousing |
In the above area, min 400sqm |
| Importing products and/or parts |
No |
Yes |
Yes |
| Distribution of products |
No |
No (sell to dealers) |
Yes |
| After Sales Service |
No (acceptable if there is no payment involved)
(i.e. repair during guaranteed period) |
No (acceptable if there is no payment involved)
(i.e. repair during guaranteed period) |
Yes
(incl.charged after sales services) |
| Receive money from HQ |
Yes |
Yes |
Yes |
| Send money to HQ |
No |
Yes |
Yes |
| Invoicing and receive money locally |
No |
Yes |
Yes |
| Spend money locally |
Yes |
Yes |
Yes |
| Sales calls to customers |
Yes (order-taking on behalf of HQ only) |
Yes |
Yes |
| Marketing & promotion |
Yes |
Yes |
Yes |
Note
Assembly and manufacturing operations are not described above:
- they have all the facilities of the distribution
company with no location or space restrictions, but
only for the sales, distribution & after sales
of the products they assemble or manufacture
- by 2005, assembly and manufacturing operation will also be allowed
to trade, distribute & supply after sales services
freely, for all products.
Copyright © Nicolas Musy, Senior Consultant, CH-ina
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