Business in Asia

How to open a Multi-currency Business Account in Singapore

What are your options? How to open an Aspire business account in Singapore How to open a “traditional” business account in Singapore How to open an offshore business account Are you looking for an agency that can help you to set up your Singapore company? Singapore is Southeast Asia’s leading business hub with some of […]

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Guangzhou Canton Fair Nightlife

Canton Fair : A Guide to the Guangzhou’s Nightlife for Fairgoers

With the spring in Guangzhou comes a rise in temperatures and a rise in visitors to this beautiful metropolis in the South of China. As every spring and autumn, the largest import & export trade fair in the world, the Canton Fair, is taking place. Over a course of three weeks, fairgoers can look for

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How to Welcome Chinese Guests: The Complete Guide

Welcoming Chinese guests – Index The Chinese at the table Little tricks Being a guide for the Chinese Final notes Chinese tourism is in exponential growth worldwide, with an increasing standard of living allowing more and more people the chance to travel. Sadly, quite often there are linguistic misunderstandings because our almond-eyed friends don’t always

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Sending Money to China: The Guide to Saving Money

Do you have to send money to China, perhaps a travel agency, a Chinese school, or your supplier, but your bank asks for absurd commissions and tells you that it will take more than 5 working days? Keep reading this guide to understand how to save time and money by using Wise (formerly Transferwise)! Sending

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Hiring Employees Locally in China: Our Guide

Hiring locally in China – Index Definitions of key payroll terms Types of China’s social insurances Other considerations when deciding to hire a local employee in China Get help from a Professional Employment Organization (PEO) in China One of the first considerations after deciding to establish a new business in China is to hire employees

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Capital Requirements for Establishing a WFOE in China

This article describes the WFOE capital requirements involved when setting-up a Wholly Foreign Owned Entity in China. Capital Requirements for a WFOE – Index What is the current WFOE capital requirements regulation? How to inject capital into a WFOE? What is the capital requirement time frame? How to change a WFOE’s capital level? How to

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Free Trade Zones in China – Is It The Right Choice For Your Company?

Many assume that the best method of entry into China is a Free Trade Zone. This method of entry has been popular in China for several years. Although there are certainly many reasons to consider setting up in a Free Trade Zone, it is always important to analyze the benefits as it would apply to

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Start a business in China: Interview with Wei Hsu of INS Global Consulting

Today we interview Wei Hsu, Managing Director of INS Global Consulting, a Shanghai-based firm that helps foreign companies and individuals to develop their business in China, handle Visa procedures, payroll management, recruitment and much more. In this interview, we’ll focus on what you need to know in order to start a business in China. Wei,

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Exporting to Asia

Exporting to Asia: The best strategies for startups and small businesses

Since we started to publish articles related to business with Asia, “Can you tell me more about exporting to Asia?” has become one of the most common questions people address to me. Thus I asked Fredrik Grönkvist, my business partner on several project not related to this website, to write an overview on the best

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The exchange of gifts in Chinese business practices

The ancient Chinese proverb “礼尚往来” (lǐ shàng wǎng lái, “courtesy requires reciprocation”) highlights one of the most curious and talked about aspects of Chinese business etiquette. The first character “礼” (lĭ, “courtesy”) expresses a sense of ceremonial observance for the Chinese, while the word “礼物” (lǐwù, “things of courtesy”) is translated as “gift”. The exchange

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Best SEO Strategies for Baidu: Our Complete Guide

Best SEO Strategies for Baidu – Index SEO Strategies for Baidu Don’t use Google Translate when doing keyword research Difference among Baidu and Google Google was blocked in China in March 2009 and foreigners and locals must download a VPN to be able to use it. To many people’s surprise, Baidu was founded as early

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How to transfer money to China, Hong Kong, Thailand and other countries

How to transfer money to China, Hong Kong, Thailand and other countries cheaply, quickly and safely

How to transfer money to Asia – Index What is Wise (formerly Transferwise)? How do I sign up to use Wise? Why do I save money with Wise? Why with Wise the money arrives quicker? Is it safe to send money to Asia through Wise? In which Asian countries can you use Wise’s services? Can

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