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Q: Best Way to Establish A Small Business in China ( No Answer,   1 Comment )
Question  
Subject: Best Way to Establish A Small Business in China
Category: Business and Money > Small Businesses
Asked by: augusta-ga
List Price: $7.00
Posted: 06 Jul 2003 07:10 PDT
Expires: 11 Jul 2003 18:47 PDT
Question ID: 225664
I am in Canada now planning to go to China to operate an English
teaching business there. Is it easier for me to incorporate a company
here in Canada, then go to China, and use my Canadian company as the
foundation for doing business in China? Or, is it easier / less risky
to start from the ground up in China?

Not being perfectly fluent in reading or speaking Chinese I fear being
taken advantage of by people in China that I reach out to help me
establish my business.

If I arrive in China with an already established Canadian corporation
or company, does that mean that my only option is to find a Chinese
partner form a joint venture with? Would that mean ceding a certain
degree of control and share of the profits to my Chinese partner?

Ultimately, I want to establish an English teaching business in China.
I want to have as much control over the company as possible. I would
prefer to be the sole owner. What is my best course of action?
Answer  
There is no answer at this time.

Comments  
Subject: Re: Best Way to Establish A Small Business in China
From: fons-ga on 08 Jul 2003 04:52 PDT
 
Dear Augusta

Education is a very restricted industry in China and you cannot simply
walk in and start such a business. It is very important to look around
and get some basic legal background. Best thing to do is go to China,
teach for a year using one of the established ventures and then make
up your own mind.

Cheers,

Fons

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