Business Setup
Rapid Offshore’s management staff combined China experience is over 20 years, with The Rapid Offshore Group itself being operated in China for eight, during that time we have extensive experience working in the regulatory environments in China and Hong Kong.The Rapid Offshore Group recognizes that foreign based businesses wanting to establish an entity on the ground in China for the first time have special needs. The Rapid Offshore Group can help with these including providing options and assiatnce with implementation.
There are various forms of investment vehicles available to suit different business objectives and operation. Depending on your specific business scope will depend on the type of foreign business enterprise (FIE) you will set up or have set up.
RO-Representative Office: Setting up a RO has traditionally been the simplest way to enter the China market; however, Rep offices do have some regulatory restrictions depending on the purpose of the entity in China.
JV- Joint Venture: In the past a JV was used as a simple entrance in to Trade and manufacture as previously this was the only way to enter these markets. However, things have change and it is possible to do this other ways.
WOFE- Wholly owned foreign entity: This type of company will allow you greater management control and flexibility.
Before setting up in China, you should review your current investment and future business plans to determine the optimal investment vehicle to set up in accordance with the most up to date PRC regulations, laws and specific industrial policies.
Foreign based businesses wanting to establish in China for the first time have specific questions that they need to address. Some of these are:
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Many of our customers have concepts, great ideas or designs for a product, but worry about contracting directly with a manufacturer in China. Research & Development is part of our job and with our talented development team; we can take something from paper and make it a reality.
Overseas companies have found that to source and trade in goods and services in China can be quite difficult if they are not based in China. With a strong foundation in Shanghai, the Rapid Offshore Group can help your company in this and procure most goods and services at prices that meet your budget and guarantee to deliver within the agreed time frame.
As the country that is regarded as the largest manufacturer of a wide range of goods, and a provider of related services, quality control and quality in general has been improving over the years. However, The Rapid Offshore Group has the team on the ground that ensures it can guarantee the quality as requested by the customer.
The Rapid Offshore Group has extensive experience of managing supply chains for our customers. We truly understand the need for complete, reliable, transparent and fast logistics solutions.
Many of our clients do not have their own contact for a supplier in China, and if they do are not sure whether the supplier can deliver in the areas of quality, quantity and timeliness as they say they can? The Rapid Offshore Group has developed a skill in conducting Due Diligence studies on suppliers and/ or the attaching contract.
Rapid Offshore’s management staff combined China experience is over 20 years, with The Rapid Offshore Group itself being operated in China for eight, during that time we have extensive experience working in the regulatory environments in China and Hong Kong.
Rapid Offshore Group provides business advisory services to small and medium sized companies looking to set up business in or simply operate effectively in China.
We can offer post establishment advice regarding operating services on the following
Recently the addition of Jock (Andrew) McGregor to The Rapid Offshore Group as one of our senior financial consultants, after a 41 year career in the ANZ bank, has spent his last 9 years as CEO China. During this nine year period, Jock McGregor represented ANZ in industry and Government.
