Setting Up a Company

Types of Companies and Capital (Max/Min)	Number of Partners/Shareholders and Liability
Equity Joint Venture No minimum capital.	100% foreign owned company. Minimum one partner. Limied to the amount of contributions.
Co-operative joint ventures, CJV No minimum capital.	Minimum 2 partners. Limied to the amount of contributions.
Foreign investment joint stock company, JSC 5m Rmb, 30 Rmb if foreign capital	Minimum 2 partners. Each shareholder contributes the same amount to the share capital and is linked to the company by its share of the share capital.
Holding minimum de 30m USD	Minimum 1 partenaire. Each shareholder contributes the same amount to the share capital and is linked to the company by its share of the share capital.

The Competent Organization: Ministry of Commerce
Search a Company or a Financial Report: Ministry of Commerce, Find an enterprise

Source: Doing Business.

Business Setup Procedures: Consult Doing Business Website, to know about procedures to start a Business in China.
Registration and Operation of Enterprises in China

Working Conditions

Legal Weekly Duration: 40 hours
Retirement Age: 55 years for women and 60 years for men.
Working Contracts: Legal provisions govern the work contracts, the collective agreements and the individual negotiation supplement them.
Employment contract and recruiting conditions formalities are strict, which is not so for dismissal constraints which are rather flexible.
There are 3 types of contracts: the permanent contract, the fixed term contract and the contract for the project.

Minimum Wage: No legal minimum salary.
Average Wage: Average monthly gross earnings in China is CNY 1,868 (USD 273).
Social contributions: Social Security Contributions Paid By Employers: 60%
Social Security Contributions Paid By Employees: 11%

Social Dialogue and Involvement of Social Partners: The Chinese Communist party recognises only one trade union: "the All China Federation of Trade Unions" (ACFTU). The ACFTU is not an independent trade union, it thus cannot be the voice of the workers.
Unions: All China Federation of Trade Unions (ACFTU)
Labor Regulation Bodies: Ministry of Employment

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