Why Mainland China?
Mainland China is the fastest growing emerging market and the largest economy in the world, with vast opportunities for business in technology, luxury goods, engineering, healthcare, ﬁnance, etc. China should rank top of the list for global expansion or investment.
Reasons to do business in Mainland China include:
- Access to an economic powerhouse
- Emerging innovation leader
- Proximity to world-class manufacturing
- Lower-cost labor force
Doing Business in Mainland China
Like all markets in Asia, China has unique business and cultural traits that shape a company’s experience in the city. Here is a list of challenges foreign business may face when expanding in China:
- Government policy and regulations
- Complex tax system
- Rigid payroll compliance
- Rigorous foreign exchange control
- Locally based accounting
- Types of visas
- Registering a business
- Employment considerations
- Business etiquette
How Tricor can help in Mainland China
Tricor China has been developed by the Tricor Mainland China head ofﬁce to serve multinationals since 2002 on corporate setup as well as corporate maintenance including accounting, payroll, payment processing, tax compliance and corporate governance and secretarial services.
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