Setting Up A Rep Office And Factory In China

Setting up a Representative Office / Factory in China Calipe Chong Managing Director www.vipoasia.com

Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

VIPO Asia Introduction A Singaporean-led company operating from Suzhou providing supply chain and management services with our proven track records and expertise in setting up representative offices, manufacturing facilities, joint ventures and sourcing operations. I have 30 years working experience with US companies in semiconductor, consumer electronics, EMS, outdoor power equipment and automotive industries. Actual work experience in engineering, operation, production & materials planning, supplier quality, administration, supply chain, purchasing, sales & distribution and logistics management.

Our Service ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Our Strengths ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Vision To be a renowned supply chain and management services provider which allow our clients to profit from the economic and competitive advantages in Asia and act as a bridge between East and West.

Mission ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

China Economy (2008) ,[object Object],[object Object],[object Object],[object Object],[object Object],Source - http://en.wikipedia.org/wiki/Economy_of_the_People's_Republic_of_China

Opportunities in China ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ One cannot complete his global business strategy without considering China factors”

Opportunities in China ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Representative Office ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Joint Venture (JV) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Wholly Foreign Owned Enterprise ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],The total investment amount represents the aggregate amount of funds or assets intended to be invested in the WFOE over its operating life. Generally, all contributed capital constitutes as registered capital. The difference between the total investment amount and the registered capital constitutes debt, which can be financed by the investors or third party lenders. Please note that according to the relevant PRC laws, the registered capital may not be reduced during the life of the WFOE unless certain conditions are met and such reduction is approved by the approval authority. Total Investment (“TI”) Minimum Registered Capital (“RC”) Less than 3m 70% of the TI Between 3m and 10m Higher of 2.1m or 50% of the TI Between 10m and 30m Higher of 5m or 40% of the TI More than 30m Higher of 12m or one-third of TI

Basic Approval Procedure on the Company Formation Application for the issuance of Approval Certificate Subsequent registrations (tax, customs, forex,etc.) Day 1 Day 50 - 60 Day 90 Business Registration with In-charge government authorities (Business License) Documents Preparation (e.g. AOA, FSR, application letters, etc..) Day 20 - 30 Preparation Approval Registrations Name Registration with competent government authorities ,[object Object],[object Object],[object Object],[object Object],Application for the issuance of Approval Certificate Subsequent registrations (tax, customs, forex,etc.) Day 1 Day 50 - 60 Day 90 Business Registration with In-charge government authorities (Business License) Documents Preparation (e.g. AOA, FSR, application letters, etc..) Day 20 - 30 Approval Registrations Name Registration with competent government authorities ,[object Object],[object Object],[object Object],[object Object]

Cash Repatriation Introduction Royalties (Trade mark, Licensing) Non-technical Service Fees (Marketing, administrative services, etc.) Technical Service Fees Dividends Service Cost Sharing Technology Cost Sharing Buy and Sell Interest, Rentals Reimbursements Overseas Parent Foreign Investment Enterprise in China 中国

Dushu Lake Higher Education District ,[object Object],[object Object],[object Object],[object Object]

SIP Industrial Technical School ,[object Object],[object Object],[object Object]

Suzhou Singapore International School

Let us help you to achieve your goals to set a foothold in China ! Thank You

Setting Up A Rep Office And Factory In China

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