Partly cloudy (day)

Sat, May 26

18°C - 25°C

64.4°F - 77°F

Sunny

Sun, May 27

19°C - 27°C

66.2°F - 80.6°F



























Setting up a company if only produce in china

For discussions only! If you are discussing a business topic and some ideas or stories post it here. Ads and announcements for businesses, products and services will be deleted. Post those in Doing business forum only.

Setting up a company if only produce in china

Postby sienna » Wed Aug 04, 2010 8:21 pm

I am planning to produce a product in China and take them back to Sweden and sell.
I am not sure yet if I will start from scratch and produce, or if I will buy complete products in China yet.

I have already set up a Swedish trading company, I was wondering what kind of advantages I can benefit from if I also set up a Chinese trading company?

I heard some rumours there will be tax advantage, but am not sure how it works...
may someone help me?

:-)
Shopgirl's Shanghai - the trendiest blog in Shanghai - Shopgirl's Shanghai
http://www.shanghaishopgirl.com
User avatar
sienna
Low Seater
Low Seater
 
Posts: 3059
Joined: Mon Jul 17, 2006 6:37 am

Re: Setting up a company if only produce in china

Postby tihZ_hO » Wed Aug 04, 2010 8:46 pm

A trading company has an export licence and any Chinese product with VAT which was added, a portion of that is refunded after export. It's quite possible to make money just on the VAT refund because ALL Chinese companies NEVER EVER subtract VAT refunds from their export price.

Example: My old trading company would export synthetic leather base and export it to Italy at the same exact price the Italian importer would pay if he bought directly from the synthetic leather base manufacturer. As we export it we get the 14% VAT refund instead of the manufacturer keeping it for themselves.

Q: How do you know a Chinese business is cheating you?

A: They are talking to you.

BTW what's the product?

Something like this perhaps?

sb64-cream.jpg
Image





You know who you are
User avatar
tihZ_hO

happy

Board Buddha
Board Buddha
 
Posts: 15378
Mood: Cool
Joined: Tue Feb 17, 2004 11:43 am

Re: Setting up a company if only produce in china

Postby Reeds » Thu Aug 05, 2010 3:15 pm

The best is still to import from China and then sell it overseas. The margin will be high enough if you could make a right choice over millions of goods made in China.

I've set up a trading house with my partner here and am able to provide you with qualified suppliers spreading through the mainland. Please drop me a note at reeds.trading@gmail.com if interested.
Reeds Trading, a professional n reliable partner to help you source qualified suppliers on various goods in mainland China. Make your choice and start your success from Reeds Trading! For more details, please drop us a note at: reeds.trading@gmail.com
Reeds
Newbie
 
Posts: 7
Joined: Tue Jul 27, 2010 5:26 pm

Re: Setting up a company if only produce in china

Postby TheBeaver » Thu Aug 05, 2010 4:13 pm

Shopgirl, the process to open up a real "trading company" (import/export) in China is probably not going to provide you worthwhile benefits when you compare it to the process involved setting it up and the amount of registered capital you have to put up.

Usually the manufacturer will have a trading company themselves or an established relationship with one or... you can use any number of agents who will facilitate the entire transaction for you for a nominal fee. The latter may be a good choice for you to begin with until you are established and have your sales volumes increased to a level that makes it worthwhile to switch to something else.

All of this is dependent upon how much you're planning to make/buy of course.

A good agent can save you a lot of money because so many things change abruptly and often without much notice so it is difficult to keep on top of all the changes in rebates, taxes, etc.

Make sure to check if there are on quotas or other restrictions in the country you will be importing your goods into as this could effect your bottom line.
--------------------------------
User avatar
TheBeaver
Rocker
Rocker
 
Posts: 752
Joined: Sun Jun 13, 2010 10:18 pm
Location: Xujiahui, Shanghai

Re: Setting up a company if only produce in china

Postby TheBeaver » Thu Aug 05, 2010 4:18 pm

Reeds wrote:The best is still to import from China and then sell it overseas. The margin will be high enough if you could make a right choice over millions of goods made in China.

I've set up a trading house with my partner here and am able to provide you with qualified suppliers spreading through the mainland. Please drop me a note at reeds.trading@gmail.com if interested.


Sincerely, this is really just friendly advice regarding your signature Reeds:

Reeds Trading, a professional and reliable partner to help U source qualified suppliers on various goods in mainland China. Make Ur choice and start Ur success from Reeds Trading! For more details, pls drop us a note at: reeds.trading@gmail.com


First, may I suggest you pay the $10 and get a business email because it will look professional and separate you from all of the mainland Chinese who skip this important step?

And even more importantly, if it is your desire to have people trust their business to you, then might you consider not using "U" and "Ur" and "pls" - it's great if you are sourcing umm I don't know...skate boards....but comes across uber-amateur and makes you appear to be under 18 years of age.
User avatar
TheBeaver
Rocker
Rocker
 
Posts: 752
Joined: Sun Jun 13, 2010 10:18 pm
Location: Xujiahui, Shanghai

Re: Setting up a company if only produce in china

Postby Andreas » Thu Aug 05, 2010 7:54 pm

No need to go through any thieving Chinese trading company. The manufacturer will have an export license, so you can go directly, plus by avoiding any Chinese trading company you eliminate a major source of cheating and lies. Dealing with those manufacturer crooks is bad enough already. I have this picture frame in my office, titled 'The honest Chinese supplier'. After 16 years it is still empty.
‘How inappropriate to call this planet Earth when it is quite clearly Ocean.’
- Sir Arthur C. Clarke
User avatar
Andreas

Shanghai Royalty
Shanghai Royalty
 
Posts: 8479
Mood: Happy
Joined: Fri Feb 27, 2004 1:46 pm
Location: The Land that Time forgot.

Re: Setting up a company if only produce in china

Postby TheBeaver » Thu Aug 05, 2010 8:35 pm

Again, it all depends... it's good that Andreas has dealt only with manufacturers that ALWAYS have export licenses. I am just sharing with you that I myself and others have dealt with several who don't, hence the need and existence of these agents. I am not saying anyone is wrong, just consider that not everyone has extensive experience in trading/manufacturing and can end up getting really screwed because they tried doing everything on their own. For example, not keeping up with rebates etc just for starters.
User avatar
TheBeaver
Rocker
Rocker
 
Posts: 752
Joined: Sun Jun 13, 2010 10:18 pm
Location: Xujiahui, Shanghai

Re: Setting up a company if only produce in china

Postby idiot » Thu Aug 05, 2010 9:13 pm

sienna wrote:I am planning to produce a product in China and take them back to Sweden and sell.


Seems what Sienna finally begun thinking .. good news.

Problem is not in export any goods from China, but with import it to Sweden. All European countries have very strict system to qualify health care products, so all your goods need trough tests and get certification. Usually, it's a problem for many products. Just keep in mind.

Maybe you may try with (costumer) jewelry or something like what.. pearls.. etc.. ? That should be easer.
User avatar
idiot
Reacher
Reacher
 
Posts: 230
Joined: Mon Jul 12, 2010 5:23 pm

Re: Setting up a company if only produce in china

Postby TheBeaver » Thu Aug 05, 2010 9:21 pm

^Oh, I didn't read (still can't) where she said she was going to produce health care products...
User avatar
TheBeaver
Rocker
Rocker
 
Posts: 752
Joined: Sun Jun 13, 2010 10:18 pm
Location: Xujiahui, Shanghai

Re: Setting up a company if only produce in china

Postby idiot » Thu Aug 05, 2010 9:41 pm

^ Yes, tihZ_hO confused me with the pic.
User avatar
idiot
Reacher
Reacher
 
Posts: 230
Joined: Mon Jul 12, 2010 5:23 pm

Re: Setting up a company if only produce in china

Postby tihZ_hO » Sat Aug 07, 2010 1:36 am

idiot wrote:^ Yes, tihZ_hO confused me with the pic.


I do that









he he he
Image





You know who you are
User avatar
tihZ_hO

happy

Board Buddha
Board Buddha
 
Posts: 15378
Mood: Cool
Joined: Tue Feb 17, 2004 11:43 am

Re: Setting up a company if only produce in china

Postby edinshanghai » Thu Sep 02, 2010 2:43 pm

So, who knows a good, reliable, english speaking trading-handling agent in Shanghai?
And no, I won't keep you personally responsable :)
edinshanghai

edinshanghai

Seeker
Seeker
 
Posts: 66
Joined: Wed Mar 10, 2010 2:40 am

Re: Setting up a company if only produce in china

Postby huaidan » Thu Sep 02, 2010 10:40 pm

Just use the standard edition of google apps, it's free. Then google is your mail server for your domain.
User avatar
huaidan
Rocker
Rocker
 
Posts: 603
Mood: Cool
Joined: Sun Jun 08, 2008 9:08 am

Re: Setting up a company if only produce in china

Postby Mr Totomolo » Fri Sep 03, 2010 12:24 am

huaidan wrote:Just use the standard edition of google apps, it's free. Then google is your mail server for your domain.


Can you dumb it down for an old guy like me ? :) Txs
Hammerforlife wrote : "Wifi laptops damage sperm??
Its ironic really as sperm also damages Wifi laptops."

" There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” - John Adams (1735-1826)
User avatar
Mr Totomolo
Post Roaster
Post Roaster
 
Posts: 4076
Joined: Sat Jun 21, 2008 4:50 am

Re: Setting up a company if only produce in china

Postby Mr Totomolo » Fri Sep 03, 2010 12:26 am

sorry I found it ..tks anyway for the tip
Hammerforlife wrote : "Wifi laptops damage sperm??
Its ironic really as sperm also damages Wifi laptops."

" There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” - John Adams (1735-1826)
User avatar
Mr Totomolo
Post Roaster
Post Roaster
 
Posts: 4076
Joined: Sat Jun 21, 2008 4:50 am

Re: Setting up a company if only produce in china

Postby drunk » Fri Sep 03, 2010 9:58 am

Another way to get email box - buy domain name for $5 - they include 10 (or more) free email boxes.
Something like: sales@bull$hit.com , etc...

BTW:
Attachments
Domain Name Search.png
Domain Name Search.png (6.52 KiB) Viewed 673 times
User avatar
drunk
Seeker
Seeker
 
Posts: 60
Joined: Tue Aug 31, 2010 11:04 pm


Return to Business Discussions

 


  • Related topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: No registered users and 0 guests