Aarkstore announce a new report "Approval of Establishment Registration for Foreign Investment Enterprises(The Invest in China Guidebook Series (2) " through its vast collection of market research report.
Increasing numbers of foreign companies and investors are seeking to enter the lucrative Chinese market and avail of a low cost manufacturing base. The second issue of Access China Consulting Ltd.’s Invest in China Series, Chinese Laws and Administrative Regulations for Foreign Investment Enterprises provides a comprehensive and thorough knowledge of the latest rules and regulations that apply to this complex process.
China is one of the fastest growing global economies. It has achieved and maintained an annual compound growth rate of GDP well above 9% since the 1980s. China is expected to become the second largest economic entity in the world by 2012. China will remain one of the top destinations for foreign companies and investors from around the world for the foreseeable future.
The first obstacle faced by foreign companies and investors is how to file the application for registration of foreign investment enterprise. This involves not only many Chinese laws and administrative regulations, but also various Chinese government authorities.
In China, government authorities administer the application process for registration of foreign investment enterprise and projects with very demanding administrative regulations. Moreover, these exorbitant regulations are changeable and lack transparency. The legal procedure of setting up a foreign investment enterprise in China, unlike in Western countries, requires comparatively complex documents. Lack of knowledge of Chinese laws and administrative regulations, and the cultural difference between China and Western countries (including language barriers) will increase the obstacles faced by foreign companies and investors. A strong knowledge of the latest regulations is therefore essential for success.
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