In the past decade, China has really proven itself to be a worthy location to expand into and a business goldmine. Just recently, there’s been talks of Google, looking to re-enter into the China market, after years of being away. Seeing the strong growth in China’s economy, businesses are finding that China, is an opportunity too big to pass on.
With many looking to step a foot into this major economy, businesses are finding that Shanghai is the ideal city to set up their business. Shanghai, being a densely packed commercial centre of China has attracted many foreign businesses. According to Shanghai statistics bureau, in the first six months alone, Shanghai has signed over 2,100 projects with foreign investors.
Setting up a Foreign Entity in China
A major frustration many foreign businesses have entering into the China market is with the complex legislation system as well as with the mandatory paperwork that requiring official approval. Seeing how different cities operate under different regulations, it’s important that businesses do their homework before going into the China market.
To help foreign businesses looking to set up in Asia, Links has launched a series of country legislation pages. Our Asia legislation summaries incorporate essential regulations on various countries, to help foreign business owners more easily find the necessary information associated with setting up a business.
Recently we published our Shanghai legislative page. Other legislation summaries include:
What to Expect from the Links Legislative Summaries?
- Key country legislation on company registration, work permits, minimum wage, statutory benefits and many more;
- Layout with easy navigation;
- Useful governmental links and sources for additional information.
As part of our ongoing initiative to help simplify HR for HR professionals across Asia, we also provide PEO / Employer-of-Record , work visa applications, and in-country payroll processing services. Our line of services is designed to help alleviate the burden and responsibility that is placed on HR team.
With Links’ professional HR outsourcing services, businesses can more securely set up and manage foreign entities across Asia Pacific. Below we’ve included a list of resources on how you can expand your business successfully across Asia.
- Now is the Best Time to Expand Your Retail Empire into Asia
- Why Asia is the Place for Startup Success + Recommendations
- HR Leaders Should Know the Difference Between PEO & EOR
- Simplifying HR – Links’ Hong Kong Legislative Page
Looking for an HR payroll outsourcing service partner? Links International is an industry leader in innovative HR outsourcing, offering services from payroll outsourcing, visa application,Employer of Record (EOR)/ PEO to recruitment and more. Start streamlining your HR function with Links HR outsourcing services.