Upgrading Your China Entity

June 2007 China Briefing

This June issue of China Briefing covers the upgrading of a China Representative Office to a Foreign Invested Commercial Enterprise, for China trading and import-export purposes, and also to a China manufacturing entity such as a Wholly Foreign Owned Enterprise. Written by Richard Hoffman, of Dezan Shira & Associates, the author also advises on establishing branch offices in China in multiple locations, and the licensing and financial implications of doing so. Attention is also paid to increasing your China registered capital and the relationship between this and the total invested capital. Dezan Shira & Associates also provide a full national round up of regional laws and changes in regulations, including changes in central China VAT reform, the Shenyang – European Union Economic & Technical Development Zone, New Representative Office application procedures in Hangzhou, GDP growth in Shanghai and the Yangtze River Delta, environmental evaluation reporting requirements in Guangzhou, distribution rights for foreign investing businesses in Shenzhen’s free trade zones at Futian and Yantian, and changes in BVI holding company legislation that may affect investments made into China.