business assignment

 

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This paper is going to investigate the formation of business entities in China in order to make people be more informed of how to set up a business in China. The discussion will firstly focus on what the business types in China are. And then it will describe how to form a business followed by the rights and liabilities beared by the business initiator. Some article journals will be cited from the research data bases to support the statement. Some regulations and laws will be presented in the article to make the sense. To foreign investors, a limited liability company, or the company limited by shares are of top priority. Consequently, in the second part, the paper has concentrated on the formation of Limited Liability Company and the formation of company limited by shares. At last, this paper will draw the conclusion with a better understanding of how and what should be taken into consideration when setting up a business entities in China. This paper is designed to help investors, especially foreign investors to get familiar with how to set up a business in China.
This paper has outlined the types of business entities in China in the first part, and the formation of those entities in the second part. The aim of this paper is to achieve a better understanding of how and what should be taken into consideration when setting up a business entities in China. Through the first part, it can be seen that there are various business entities in China at current, compared to the situation several decades ago. However, to foreign investors, a limited liability company, or the company limited by shares are of top priority, and it will be inevitable for them to deal with the other types of business entities. Consequently, in the second part, the paper has concentrated on the formation of Limited Liability Company and the formation of company limited by shares. In conclusion, first and foremost, when the foreign people want to set up the business entities in China, or want to invest in China, it is strongly recommend that they ought to consult the Company Law in conjunction with the relevant laws and administrative regulations on foreign investment enterprises. Secondly, cultural and historical barriers should be overcome as well. In conclusion, with the detailed discussion on the types of business entities in China as well as their formation, it is assumed that a better comprehension on business entities in China has been achieved.

Business assignment

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