© 2018 by Financeren P.R. of China

Set Up / Relocate / Close an Office or a Factory 

How to find the best office space and factories locations in China for your business and what you need to do to set up your perfect China office / factory.

When you are “landing” you need the best advice and time dedicated to the key points that will affects your company drastically during the first years of operation.

Key questions to choose the right location in China?

How many people need to be accommodate?

1.

To replicate your parent company office is mandatory? Or a new design is acceptable?

2.

Price will notably vary depending the location of the office, but the perception from your employees, customers and partners will be affected by this also.

3.

Where to starts will affect the entire PL for the first years

4.

How many workers? Are the workers needed accessible?

1.

Is a replication of a previous factory currently existing out of China? Or a new one?

2.

Any governmental support is needed? If we are talking about benefits and support, not every location is the same. This is the most important decision for a decade.

3.

Any legal restriction at a regional/local level?

4.

IN SHANGHAI IT IS IMPORTANT TO CONSIDER NEXT

DO NOT ATTEMPT TO DEAL WITH THE STATUTORY REGULATIONS, CONTRACTORS AND SUPPLIERS YOURSELF

DO NOT ASSUME ADDITIONAL OFFICE SPACE CAN BE ADDED AS THE BUSINESS EXPANDS 

DO NOT ASSUME THAT SHANGHAI OFFICE SERVICES AND COSTS WILL NE THE SAME AS YOUR HOME MARKET

 

THERE ARE TONS OF OPTIONS FOR EVERY CUSTOMERS BUT THE GOOD ONES FLY

We work for you as an independent consultant

It’s always best to seek advice from professionals who can navigate the Chinese practices on your behalf. The key things to consider include:

  • Rent reviews: most leases allow the landlord periodically (typically every 2 years) to increase the rent.

  • Rent-free periods: the length of any rent-free period will depend on the overall terms of any transaction.

  • Lease length: 5 to 15 years is typical, although break clauses can be negotiated.

  • Insurance and repairs: a professional team should make sure that your premises are in good condition, and negotiate insurance and repair liabilities.

  • Ancillary costs: explore rates, value-added tax, stamp duty, Land Registry fees and service charges on multi-tenanted buildings.

 

We currently work closely with Real Estate Agencies and Co-working Spaces and have special agreements with modern Industrial Parks around China. These means better services and better prices.

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