Wednesday, November 13, 2013

Opening of the company in China - Shanghai

Currently, by a pressure of production prices in China we may see growing demand to open a company in Shanghai, or in a cheaper location. Please consider also growing internal consuption of tha Chinese household and growing spending opportunities companies may find in China.

i have an aim to open a company n China within4 monts and I look forward to this.

i need to consider:
1. warehouse
2. employees and their rights
3. location
4. export import licence
5. RMB, exchange and cash flow issues
6. forecast
7. customers and suppliers steucture
8. rent/purchase
9. base capital requirement and approvals
10. free trade zones
11 .time difference management
12. cultural and accounting differences
13. taxing issues
14. subsidies
15. max.costs spend
16. cash plan
17. timing
18. visits
19. quality control
20. transfer companies and service

and others.

I look forward to desribe this in this blog. And achieve this goal.

Bank financing in Czech - out of Prague region

once you do make a finance in this region prepare for following:
- many bankers will look on you like you fall down from a moon
- they will try to put the finqncing they alreay know ( in box) instead of following real porpose
- international financing for themis financing outside the rgion in the country, not between countries
- they will try to send you thoaands of files to fill in, reasonable ones are few ones
- they will not support u in foreugn countries
- they are affraid to travel to Prague to thei risks
- they will be juniors, as seniors are too expensive for bank
- they will like many talk before final decision

Doing banking in the south of Czech is a challenge!