The time is now to set up in China.
The time is now to set up in China.
Looking to set up your company or legal entity in China but not sure where to start? The time to act is now.
With the recent pandemic sweeping the world things may seem bleak, but that doesn’t mean all your future plans have to come to a halt. PCBDesigned and our sponsor, Green Prosperity Group, are excited to offer eligible companies assistance in setting up a WFOE in Shenzhen free of charge along with complimentary office space to work from for up to 1 year. This is part of our initiative to fight against the recent effects of COVID-19.
If you are a tech startup (especially in printed electronics, sensors, or other components) looking to get into China, we have you covered. Tell us about your project to see if you’re eligible for a FREE consultation, set up, and one-year shared office space.
China is open for business, let us help you seize this opportunity.
Why Shenzhen?
Shenzhen is a modern metropolis linking Hong Kong to China’s mainland. The city has rapidly developed and is often referred to as the hardware capital of the world. Not just about hardware, the city has ambitions to become a world leader in technological innovation.
In the last decade alone, Shenzhen has made leaps and strides in the hardware industry and evolved into a large hub for companies from Europe, the USA, and other parts of Asia. It is home to some of the largest tech companies in the world such as Tencent, Huawei, and drone maker DJI.
Shenzhen has an amazing ecosystem for tech startups looking to sell or purchase products. Two factors that contribute to Shenzhen’s successful technological boom are its size and scale of products and skills available as well as its emphasis on collaboration through shared information.
Why WFOE?
WFOE, or Wholly Foreign-Owned Enterprises,are a common investment option for Mainland China based businesses wherein foreign parties, whether individuals or corporate entities, can incorporate a foreign-ownered limited liability company. If you are not a Mainland China local, this is the best option to get set up legally and under your name.
What is the Green Prosperity Group?
Green Prosperity Group (www.gpginnovation.com) is an international company focused on commercializing and monetizing “rest of world” technologies and innovations for the China market. Through equity funding and corporate operations, GP has established extensive investment and innovation networks.