PwC is always there to advise its clients wherever they may be. Our highly qualified, experienced professionals listen to different points of view to help organizations organisations solve their business issues and, identify and maximize maximise their business opportunities. Our industry specialization specialisation enables us to work closely with our clients to deliver solutions in their areas of interest.
PwC Mainland China, Hong Kong SAR and Macau SAR work together on a collaborative basis, subject to local applicable laws. Collectively, we have over 600 partners and over 17,000 people staff in total at 32 offices, located in these cities: Beijing, Shanghai, Hong Kong SAR, Shenyang, Tianjin, Dalian, Jinan, Qingdao, Zhengzhou, Xi’an, Nanjing, Hefei, Suzhou, Wuhan, Chengdu, Hangzhou, Ningbo, Chongqing, Changsha, Kunming, Xiamen, Guangzhou, Shenzhen, Macau SAR, and Haikou.
How should I go about the setting up?
Before setting up in China, you should review your current investments and future business plans to determine the optimal investment vehicle to set up in accordance with the current China investment regulations and specific industrial policies.
The steps of setting up in China must be carefully planned. The following are some points that you cannot afford to miss:
- In case of forming a joint venture, seek support in contract negotiation and due diligence review.
- Verify the feasibility and prerequisites for setting up because they could be subject to local differences in practices and interpretations of the law.
- Optimize the tax-effectiveness of your shareholding structure and funding arrangements.
- Formulate the business scope for the company to be set up and negotiate with the approval authorities where necessary.
- Ensure the application documents for submission are complete, accurate and in the right format.
- Find out the appropriate channel for approval and registration and go through them one by one.
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