Doing business without my own company - Suggestions and thoughts

[Bello]

Hi, this is my first post here.

I plans to build a few machines, for export to a customer in Europe, here in China. The thing is that i don´t have my own company here, I have one in HK though. The project will take aprox. one year and I will have staff building them under my supervision now and then. A lawyer told me not register a company as it will be too expensive for a foreign and take up to a year to get all licenses, but suggested to partner with some existing Chinese company.

I have Chinese friend / business partner since 7 year who has offered to register a company in his name. He says it is easy and not expensive.

So my thoughts and questions are:

• How long time does it takes for a Chinese to register a small company?
  
• What will it cost to register and then to run per month except cost for staff, rents etc.?
  
• Is the company required to have an auditor or is a in-house bookkeeping enough?
  
• My friend tells me not to worry about exporting the machines later. Is it so easy to export things out of China? I have heard that companies needs export licenses. But he says that is easy to get around buy using export agents.
  
• Regarding me working or not, he says that I am his customer on inspection and QC so no need for work permit as I am here on a business visa.
  

I´m asking you guys here because he just says "Don't worry, I will take care all" But THAT makes me even more worried. He is a honest guy but sometimes takes things way too easy which sometimes ends ups in trouble later. I have other, but MUCH more expensive alternatives but had hope to avoid them as it would eat up all my profit.

I´m not sure this is the right forum for business questions as there are no business area here. Any suggestion on where else I could post this?

I would be happy to get your opinion it you have some knowledge in this area.

Thanks so much your time

Bello

[roddy]

Sorry you didn't get any response - were you able to figure out how to do this?

[Bello]

Oh i forgot about this post in this forum (maybe due to the approval rule and lack of answers). Anyhow i got my questions answered and many suggestions and a few new contacts who helped us to start up. We are now cooperate with an existing machine company in Guangzhou since beginning of August.

[Bello]

.... again, this approval rule sucks. I wanted to edit the last post by adding "Thanks for asking thought ;-)" but was not able due to your approval rule.... Im sure you are losing hordes of new users because of this.

 

Thanks anyway,

Bello

[imron]

Im sure you are losing hordes of new users because of this.

Maybe, but we're also losing hordes of spam, which in turn helps keep members who make it past the 5 post limit.