Your China operation – from the first entity to the running business.

We are business consultants with our own businesses in China. We buy from Chinese factories, run contract manufacturing, export goods, and keep our own connections and a Chinese-speaking team on the ground. So when we set up your operation, we know how the business itself has to run.

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🏢 Company formation & structure 🏦 Banking & cross-border payments 🔗 Partners, suppliers & delegations 📋 Compliance, tax & operations ⚙️ Advisory & problem-solving

Built by Roman Verzin Founder & CEO · Russian passport · Trading and consulting businesses in Hong Kong, China and Singapore.

What we do

Everything for companies working with China.

Each area below is a service you can use on its own or as part of a full engagement. You can start with one and add more as the operation grows.

Company formation & structure

WFOE registration in China

Wholly foreign-owned enterprise. Trading, manufacturing, service, or technology – with the business scope, registered capital, office set-up, and accounting that survive year-one compliance.

Hong Kong company formation

International banking and profit distribution from a jurisdiction with global access and ties with China. Sometimes Hong Kong is all you need – not every China operation requires a mainland entity.

Singapore company formation

When the group’s holding company belongs in Southeast Asia – to take venture investment or to own intellectual property – or when the main business runs there.

Representative office in China

Market research and supplier liaison, or on-site QC oversight – without invoicing or revenue activity. Costs less than a WFOE and can still sponsor a work visa, so you have a stable presence in China.

Banking & cross-border payments

Chinese bank account for your WFOE

A mainland bank account on China’s own payment systems (CIPS, CNAPS), with direct RMB transfers to and from Chinese suppliers. We guide the bank application and stay through the first compliance review.

Hong Kong bank account

A traditional bank or a licensed fintech, matched to your passport and business profile – difficult passports included. Where a payment service provider fits the business better, that is the route.

Cross-border payment routing

We start from your business and tasks, then design how the money should move – which channels and which instruments you need, before the WFOE is ready and after it opens.

Import-export licence package

The registrations – customs, the electronic port, foreign-exchange control and VAT refund – that let the WFOE trade in goods across the border.

Partners, suppliers & delegations

Partner and supplier search

We source and screen Chinese partners or suppliers matched to your industry and volume, then make the introduction. Due-diligence depth scales with deal size – from a public-records check to a full check of the company’s finances through licensed investigation channels.

Business delegations

When you need to reach a specific counterparty and meet them in person, we arrange it. Our team in China makes the introduction and goes to the meetings with you; interpretation and follow-up on the ground are included.

Supplier verification and QC inspection

Pre-shipment inspection inside mainland China before goods leave the factory. Business licence verification and factory capacity checks, with oversight on the production line while your order runs. The check happens before the balance payment. If an order has already gone wrong, see what can still be claimed.

Industry expert search

When the task needs a narrow Chinese specialist – oil and gas, coal, IT hardware, and other industrial sectors – we find them through our connections in Chinese industry associations and with officials.

Compliance, tax & operations

Accounting and tax filing

Monthly bookkeeping and tax filings for the Chinese entity; for the Hong Kong entity, the annual audit and tax return.

VAT refund filing

Export VAT recovery – from the registrations and the first filing, which gets a closer review, to the routine applications that follow. We match customs declarations against supplier invoices so there are no mismatches for the tax bureau to flag.

Corporate secretary and annual filings

Annual returns and business registration renewals, plus every statutory filing across Hong Kong, China, and Singapore. One team handles all three jurisdictions, so no filing gets missed because each provider assumed another one was doing it.

Virtual office and registered address

A registered address for your WFOE without a physical office lease. Availability varies by city and district – some business scopes require a real office, others accept a virtual address in year one.

Advisory & problem-solving

Banking and payment problems

A frozen account, blocked transfer, compliance notice with a deadline, or a bank that suddenly asks for documents you do not have. What we do depends on the cause – from putting the documents in order to a new banking route if the current one no longer works.

Ownership restructuring

Shareholder changes, director appointments, beneficial-owner disclosure, cross-border structures. The paperwork is simple; the work is in making the new structure readable to both the regulator and the bank.

Cross-border tax structuring

Transfer pricing between the Hong Kong holding and the mainland subsidiary, documented at arm’s length. Intercompany agreements that survive audit in both jurisdictions – the part a single-country accountant cannot cover, because the rules sit across two tax systems.

Employment and HR

Hiring and termination under Chinese labour law. The legal representative appointment and what it means for the person who holds it – including the risk of personal liability.

Questions

The Chinese entity, from decision to working order

Do we always need a Chinese entity, or is Hong Kong enough?

It depends on what you are doing and at what volume. A Hong Kong company can buy from Chinese suppliers as a foreign purchaser – the supplier handles the export side. This works well when the trade structure is straightforward and the Chinese counterparty can do export efficiently.

A mainland entity becomes necessary when your Chinese supplier or customer requires a local company on the contract, or when VAT refunds on exports become large enough to pay for the office and the staff the tax bureau requires. We help you figure out which structure fits before you commit.

How long until the Chinese entity is fully operational?

The company registration itself takes 2–3 weeks, and after that opening the bank account adds 2–4 more weeks. The import-export licence package – customs, electronic port, foreign-exchange control and VAT refund registrations – takes about 15–20 business days after the business licence.

Plan for 2 months from decision to a fully operational entity: trading, with a bank account and tax filings in place. The legal representative must travel to China at least once during the process.

VAT refunds come later: the prerequisites take far more work, and the first export VAT refund usually arrives 9–12 months after operations start.

What if we already have a Chinese entity that is not working properly?

That is a very common starting point. The bank account does not allow foreign-currency operations. Or the local team cannot get import-export running properly, and nobody on the accounting side can give a clear answer about VAT refunds. We fix the immediate problem first; if the foundation needs rebuilding, we restructure.

Sometimes the right answer is to close the existing entity and start fresh with a structure that passes scrutiny.

See the full FAQ →

Planning the China side

Book a free call

On the call we put a cost on the set-up your operation needs – based on what it would sell in China and how its money would cross the border.

Book a free 30-minute call →