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Devott
DevottCompany Formation
Company Formation
Go to China! - China is an emerging destination of global sourcing, and has become the preferred choice of an increasing number of business offshore outsourcing enterprises worldwide. China has picked up the pace of its reforms and is among the world's top 10 reformers on the ease of doing business, according to a new report jointly released by the International Finance Corporation and the World Bank. If you business is expanding to China, set up your new business in China, you are looking in the right Place.


Why do business in China?
  • Major emerging market
  • Large trained labor pool
  • Favorable business atmosphere
  • Dynamic fast-growing economy
  • Rapidly increasing consumer wealth
  • Very low employment costs
Devott provides four different corporate structures below which can be utilized to do business in China including:
  • Representative Office (RO)
  • Joint Venture (JV) with a Chinese partner
  • Foreign Invested Commercial Enterprise (FICE)
  • Wholly Foreign Owned Enterprise (WFOE)
Before anything, companies should always carry out thorough research of the market. The habitual question amongst would-be investors is the type of business they should seek: a Representative Office, Joint venture or wholly foreign-owned enterprise etc. There is no right answer. Experience suggests a widespread preference for a WFOE amongst Foreign investors in China in recent years.

If you do need decide that open a Representative Office (Rep. Office) or an Offshore Development Center (ODC) in China, one easy and cost-effective option is Devott, which allows you to get more information before committing yourself.

Our services will cover the following:

  • Assisting in formulating localization strategies and other information services
  • Finding suitable city, area and premises for your center
  • Investigating, buying and installing equipments, software and services necessary for work
  • Headhunting, recruiting, training and forming development and supporting/administrative teams
  • Legal, financial and personnel consulting
  • Website localization and marketing

 

Devott