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How to open a foreign company in China
It is quite not easy to open a foreign company in China. Many foreign companies choose industrial zones in order to start their activities.
This is mainly due to the policy of the Chinese government aimed at attracting investment in these zones. For foreign companies, the Chinese government offers a reduced rent for land, as well as attractive tax benefits. Most novice companies are exempted from income taxes in the first two years, and the next three years pay 50% of the rate.
However, recently, thanks to the stimulation of the development of industrial zones in China, the cost of industrial and commercial real estate has increased.