LASC offers a portfolio of China business services and China market entry solutions covering every aspect of these processes. Our expertise encompasses a wide-portfolio of services and advice relating to China market entry. Typically, there are three different corporate structures which can be utilised to do business in China, namely:

- a Wholly Owned Foreign Enterprise (WOFE) or
- a Representative Office (RO)
- a Joint Venture with a Chinese party (JV)


- means 100% foreign ownership, total independence from a Chinese partner and complete control over the business and its direction.
- has full trading rights within China, including retailing or wholesaling wholly foreign manufactured goods.
- can convert RMB profits into USD and remit to the foreign parent.
- has her Intellectual Property Rights protected.
- has greater efficiency in operations and management.
- may lack the knowledge and contacts a partner would bring.


- requires low set up costs and no paid up share capital.
- is easy to get registered with the Chinese government.
- represents the parent company and coordinates business activities.
- is limited in its business scope and no trading or invoicing activity is permitted.
- must hire local staff via a government organization.
- is still subject to taxation on its running costs at a rate of roughly 10%.
- is not a self-governing entity with all attached rights and responsibilities. Responsibility remains with the parent or offshore company.


- has better market access, local contacts, local knowledge.
- brings first-class workforce and facilities.
- commits to the protection of the Joint Venture Company's Intellectual Property Rights.
- needs to retain comprehensive control.
- has to share the profits of the business.


Setting up a corporate structure in China involves laborious procedure that can take up to six months, lots of meetings and a mountain of paperwork, and forms filling and bureaucracy, we will be happy to help with any or every aspect:

- Selecting a location that best suits your needs and offers the best tax incentives
- Finding the right premises
- Preparing preliminary application
- Advising on business name regulations
- Preparing your business plan, project proposals and feasibility studies
- Preparing formal applications
- Establishing management, production, financial, HR and sales structures

Businesses can't afford not to keep up to access the world fastest growing market. When you need a fast response to a question you have on the matter, call us at +852 3549 8149.


- Hong Kong Incorporation
- Offshore Incorporation
- Corporate Services