Legal Entity Structuringn in China
Sovereign China works with clients that are seeking to establish a long-term sustainable presence within the China market. We provide them with the depth and breadth of knowledge that is required to ensure that they can avoid the pitfalls of setting up in China, expediting their time to market and avoiding costly mistakes.
Modes of entry may vary – Internet, exporting, licensing, commercial agents, distributors, strategic alliances, joint ventures, overseas manufacturing or sales subsidiaries – but China entry will inevitably involve unfamiliar legislation, regulations and processes, as well as international legal and tax considerations.
Registering a foreign company in China can be complex because it involves approval from multiple local authorities and bureaux. Sovereign has extensive experience across the full spectrum of business entities in China, from Representative Offices (ROs) to more complex Wholly Foreign-Owned Enterprises (WFOEs) and Joint Ventures (JVs).
Sovereign China’s extensive network of government contacts, knowledge of local regulations and the experience gained from hundreds of previous projects can help accelerate your entry and growth in China. Our consultants have worked with clients across a broad range of business sectors including, but not limited to: logistics, retail, trading and distribution, ICT-Internet, automotive, aerospace and marine, industrial and manufacturing, as well as financial services.
Our corporate services include forming new corporate structures, reorganising existing structures and repatriating earnings. We also provide the necessary expertise in administering and managing companies, including company law, board procedures, director responsibilities and shareholder relations, and financial and corporate compliance requirements. This will enable the client to focus on their primary business.
A business in China will also need to factor in ongoing operational compliance issues. Sovereign China offers the business support services that enable clients to achieve long-term sustainability, from full back-office solutions to assistance with tax and regulatory compliance. This includes accounting, audit, company secretarial services, human resources, pensions, insurance, trademark and intellectual property protection, obtaining local licences and permits, executive relocation and specialist tax advice.