Trading On Forex > Among foreign investors, the most popular form of business establishment in China is the Representative Officets key attraction is that it is less complicated and cheaper to establish than either a Joint Venture of a Wholly Foreign Owned organization - since no Registered Capital is wantd, startup costs are roughly 10% of the cost of establishing either of theseepresentative Offices are at the same time open to almost all industry sectors, including some sectors that are off-limits to Joint Ventures and Wholly Foreign Owned organizationsurthermore, the Chief Representative need not reside in Chinaowever, Representative Offices are fairly limited in the activities that they may carry outhy do foreign companies establish Representative Offices in Chinao conduct preliminary research before deciding Regardless of whether to make a direct investment in Chinao provide data and promotional materials to potential partners and/or clientso coordinate the activities o ... [Read More @ Trading On Forex]
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