The China Government have significantly reduced the paperwork for the company establishment by 40% in the zone. It is always best to seek an agents advice such as Ultimahub Business Solutions to get the company setup correct. It is essential to have a firm footing when it comes to doing business another countries local people. The Chinese business scope is much more detailed than any other countries. The initial setup must summarize all the possible future activities.
Following stipulation of the business scopes in china you will receive business license by the state administration of the industry. Even though they require further approvals to become effective. When you want to start business in china and when you have WFOE Setup for a company. With a full and complete business setup you may be able to see funding and investment from the local China banks in order to get the business off to a great start.