Traveling to China during COVID-19 has not been easy for foreign nationals. Due to the pandemic, Chinese government has been taking a number of necessary measures to control the situation at its borders and provide safe environment for the people inside.
When importing goods from China, many companies ignore the importance of contracts and suffer the consequences.
Starting from November 2020, entrepreneurs / investors who don’t have an academic degree from a recognised university can apply for a work permit + visa (residence visa – Z) in Shanghai
Good news is, this min. 10K USD investment requirement has been cancelled recently, it means that even if you don’t have an academic degree, you can apply for a work visa
Now you CAN start an AliExpress store as a foreigner. It’s becoming very easy to start an online business in China for foreign entrepreneurs. Read more!
The Zambian government has hailed a Chinese enterprise for transforming the Luanshya Skills Training Centre into the Sino-Zam College of Science and Technology which will benefit Zambian youths through various training.
How much does it cost to register a company in China?
While there’s no flat fee for all types of companies, you can use the following calculator to have an approximate idea about the costs involved to register a company in China
How much tax will I pay in China?
It’s very hard to give any exact figure that works for anyone or any company, but generally speaking, your company might have to pay 1) Corporate income tax 2) VAT 3) Social Security 4) Personal Income Tax, and the tax rates vary depending on many factors – net profit, amount of salary, time of payment, type of goods etc.
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Songjiang, Shanghai, China