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How to Open a Company in China
China offers great opportunities for those seeking to open a company. As the world’s largest economy, the Chinese market is growing rapidly and offers significant opportunities for businesses. In addition to this, the Chinese government actively encourages foreign investment and offers a number of incentives to businesses that open a company in China.
Once you have determined the business scope in which you plan to operate, it is important to stick to it. This means that if the Chinese government catches you conducting business outside of your business scope, you may face penalties or be forced to close your company.
The new company name must be available, verified, not trademarked and approved. The company name must be in Chinese and cannot include “China” in the name. An English name can also be designated, but is optional. The Chinese name of the company is the legally binding name.
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