As the largest developing country in the world, China has been witnessing its rapid economic development, every year there are thousands of business people, tourists and new residents from other countries. If you do not speak Chinese, overcoming the language barrier will be one of the biggest challenges you will face, even in the big cities like Shanghai Beijing Shenzhen etc. Given how often misunderstandings occur even between two people who speak the same language and share the same culture, finding a good interpreter/translator is essential and plays an important role in your business in China or while you are traveling inside China.
If you need the professional business interpreters/translators /English assistant in Shanghai ,Beijing, Shenzhen, Guangzhou, Hangzhou, Suzhou, Ningbo ,Wenzhou ,Yiwu, Qingdao,Dalian,Taizhou as well as other cities in China .SFS are right here to support you. We are dedicated to provide our customers with professional reliable accurate interpretation/ translation services in the following fields:
Trade fair/Exposition /Exhibition/show interpreters/translators
Simultaneous/consecutive interpreters for summit /forum/conference
Multi-language translations (English/Chinese/Spanish/Italian/German/Portuguese/French/Thai/Japanese/Korean etc)
If you need the professional business interpreters/translators /English assistant in Shanghai ,Beijing, Shenzhen, Guangzhou, Hangzhou, Suzhou, Ningbo ,Wenzhou ,Yiwu, Qingdao,Dalian,Taizhou as well as other cities in China .SFS are right here to support you. We are dedicated to provide our customers with professional reliable accurate interpretation/ translation services in the following fields:
- Business/supplier visits Interpretation
Trade fair/Exposition /Exhibition/show interpreters/translators
Simultaneous/consecutive interpreters for summit /forum/conference
Multi-language translations (English/Chinese/Spanish/Italian/German/Portuguese/French/Thai/Japanese/Korean etc)
* Interpeter Services for Business/supplier visits
Tailor-made business trips according to customers’ schedules, over 5 years’ experience in traveling different cities in China, we are able to offer the best business traveling solutions for our customers in China. Experienced business interpreters /translators have industry knowledge which can well help customers build the effective communication between Chinese suppliers/buyers. >>More details
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* Trade fair/Exposition /Exhibition/show interpreters/Translator
Help customers get /promote their products and services in the big exhibitions, trade fairs/shows in Shanghai/Beijing/Canton etc and find potential partners in China .We also help your business grow and increase your sales by representing your company in China.
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*Simultaneous/consecutive interpreters for summit /forum/conference
From official meetings to global conferences/summit/forum, we are able to provide the customers with professional interpreting services with both simultaneous interpreters and consecutive interpreters in China or even abroad. Our professional simultaneous /consecutive interpreters are experienced in the fields of Finance, Investment, Chemical, Medical/health care, formal speeches, Bio-tech,IT, HR etc. >>More details
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*Multi-language translation services
Based in Shanghai China, we offer our customers the most accurate, professional translations services from Chinese to any language and versa in different types of documents (legal, technical, financial, medicals etc), we also offer the websites and emails translation services. All our translators are with solid language foundation and expertise in different translation fields. We have the strict quality control system which guarantees the translation has been appropriately expressed –whatever the language. >>More details
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Other business services and Supports in China
*Company/Rep.office registration/set up in China
Setting up a company in China can be very difficult if you are not familiar with the Chinese legislation and requirements of different authorities. Our professional consultants will help foreign companies to set up company in China in the most cost effective way.
There are several types of organizations that can be set up and registered by foreign investors and companies in China: WFOE (Wholly Foreign-owned Enterprise), JV (Joint Venture) and RO (Representative Office), and Offshore Hong Kong Company
What is a WFOE?
WFOE (Wholly Foreign Owned Enterprise): is the most direct form of investment and the easiest in terms of management in China. The overseas investor (company or individual) has wholly taken the stock equity. The investor independently takes and manages the company, and gets the company profit. WFOE has become one of the highest priorities for foreign investors; its advantage is Reasonable requirement on investment capital, independent, liberalized and efficient operation, direct management and implement upon different operation method (business scopes)
What is a Joint Venture?
A Joint venture is a company set up and invested by Sino and foreign investors. It effectively uses the advantages of local enterprises
What is a Representative Office?
A representative office is an organization that carries out market contacts and research for its headquarters, and assists in developing its business in other countries. In comparison with WFOE companies, representative offices can not issue any invoices, and therefore gain any income by itself. All expenses of a representative office have to be fully funded by the company headquarters
What is Offshore Hongkong Company?
A Hong Kong offshore company is one of the best corporate structures in the world. It is an excellent corporate vehicle to house global corporate profits, thus minimizing international taxation.
Our services in company registration are as follows:
Ø Help foreign investors set up company/Rep. Office in the big cities in China (Shanghai,Beijing, Shenzhen, Guangzhou, Tianjin etc)
Ø Office location selection for investors
Ø Chinese laws and regulation consulting
Ø Market & industry investigation
Ø Searching the partners and merging the objective companies
Ø Finance, tax consultation , agency services and other personal services ( visa etc)
With our professional team, we support you in every way you need to turn your great ideas into a professional business in China. Provide you with a wide range of corporate services to help you and your registered company a great beginning success.
*Import & export consulting services
include help clients import and exports goods from/to China, we will consult on every aspect including product sourcing, supplier audit, contract negotiation, favorable shipping terms etc. we help your business run in a much safer & smooth way in China.
Steps to import /do business in China:
Step 1 Ø Source the products that you are interested in.
Step 2 Ø Establish a relationship with potential suppliers. Select a few potential suppliers to communicate with. Provide information about your company. The good suppliers already have more business than they can handle - you want to market yourself so that they want to do business with you.
Step 3 Ø Narrow down to the supplier that is reliable to work with: discuss the price and trade relationship. Obtain product samples and review them (and their packaging, instructions, and any other collateral) for quality - Gather all necessary information to prepare for placing a trial order. When placing the purchase order, include as many details as you can think of. No matter big or small deal, it is highly recommended to sign the contract with the suppliers, which is the must-have documents if you need to claim your rights in the transaction
Step 4 Ø Understand trade terms and use them. Before placing any order, you need to understand and confirm with your suppliers about shipment terms. Most popular are “FOB” and "CIF", as well as payment terms. These are closely related to your landing cost calculation and risk assessment. You can consult an import management company and a freight forwarder for detail break-down on the costs and risks.
Step 5 Ø Understand payment terms. Somewhat common is to pay 30% at time of order, and the remaining 70% when the product ships. The down payment gives the manufacturer/supplier funds necessary to begin production. These terms are negotiable.
Step 6 Ø As the Importer of record, you (not the supplier) are legally responsible for making sure that goods brought into the country meet all national regulatory requirements. Goods that don't meet requirements can be stopped at the border or can result in future legal suits. Don't just take a supplier's word that requirements are being met. Do your homework on compliance issues and make sure you know requirements are being met. You need to understand the relevant import compliance regulations beforehand. Besides US Customs and Border Protection, other government authorities like USDA, FDA, DOT, and ATF also regulate the importation. Pay particular attention when you import textile products from china. Go to the websites of these agencies to understand, register or download the forms. Compliance issues can be very complicated for some products.
Step 7 Ø Select a forwarder and customs house broker. select the reliable forwarder is very important For the first time importer, use more individualized services, because you need more attention than you would expect. You may ask your local customs bureau for help on assessing custom duties amount for your products, or use online services such as AsiaCalculator
Step 8 Ø Place a trial order with a written purchase order if everything goes well. In the purchase order, besides typing out a detailed description of the products, product requirements, packaging requirements, etc., and trade terms, list all needed shipping documents.
Step 9 Ø Inspect your goods on site in the factory before delivery, you can do in person or appoint the third-party to inspect. You may also consider having inspections done of components that are going into assembly early in the process. This can help avoid last minute quality problems. This is usually done a few days before the expected shipment, so you can address any issues that would be raised. This will allow you to avoid receiving defective or non-conforming goods.
Step10 Ø Track the transportation and customs clearance. The nominated forwarder should take care of your transportation and customs clearance. However, you also need to track the process and assistance, such as providing additional products information and endorsing bill of landing etc.
Step 11Ø Receive the products and keep the records. Now you can go to your next step to sell your products and make profit.
With over 5 years’ experience in Import & export business, we can well support our customers for their business in China, from finding the needed products, quality inspection to safely ship the products to customer’s hands. We are always standby by your side and take care of your every interest here in China.
There are several types of organizations that can be set up and registered by foreign investors and companies in China: WFOE (Wholly Foreign-owned Enterprise), JV (Joint Venture) and RO (Representative Office), and Offshore Hong Kong Company
What is a WFOE?
WFOE (Wholly Foreign Owned Enterprise): is the most direct form of investment and the easiest in terms of management in China. The overseas investor (company or individual) has wholly taken the stock equity. The investor independently takes and manages the company, and gets the company profit. WFOE has become one of the highest priorities for foreign investors; its advantage is Reasonable requirement on investment capital, independent, liberalized and efficient operation, direct management and implement upon different operation method (business scopes)
What is a Joint Venture?
A Joint venture is a company set up and invested by Sino and foreign investors. It effectively uses the advantages of local enterprises
What is a Representative Office?
A representative office is an organization that carries out market contacts and research for its headquarters, and assists in developing its business in other countries. In comparison with WFOE companies, representative offices can not issue any invoices, and therefore gain any income by itself. All expenses of a representative office have to be fully funded by the company headquarters
What is Offshore Hongkong Company?
A Hong Kong offshore company is one of the best corporate structures in the world. It is an excellent corporate vehicle to house global corporate profits, thus minimizing international taxation.
Our services in company registration are as follows:
Ø Help foreign investors set up company/Rep. Office in the big cities in China (Shanghai,Beijing, Shenzhen, Guangzhou, Tianjin etc)
Ø Office location selection for investors
Ø Chinese laws and regulation consulting
Ø Market & industry investigation
Ø Searching the partners and merging the objective companies
Ø Finance, tax consultation , agency services and other personal services ( visa etc)
With our professional team, we support you in every way you need to turn your great ideas into a professional business in China. Provide you with a wide range of corporate services to help you and your registered company a great beginning success.
*Import & export consulting services
include help clients import and exports goods from/to China, we will consult on every aspect including product sourcing, supplier audit, contract negotiation, favorable shipping terms etc. we help your business run in a much safer & smooth way in China.
Steps to import /do business in China:
Step 1 Ø Source the products that you are interested in.
Step 2 Ø Establish a relationship with potential suppliers. Select a few potential suppliers to communicate with. Provide information about your company. The good suppliers already have more business than they can handle - you want to market yourself so that they want to do business with you.
Step 3 Ø Narrow down to the supplier that is reliable to work with: discuss the price and trade relationship. Obtain product samples and review them (and their packaging, instructions, and any other collateral) for quality - Gather all necessary information to prepare for placing a trial order. When placing the purchase order, include as many details as you can think of. No matter big or small deal, it is highly recommended to sign the contract with the suppliers, which is the must-have documents if you need to claim your rights in the transaction
Step 4 Ø Understand trade terms and use them. Before placing any order, you need to understand and confirm with your suppliers about shipment terms. Most popular are “FOB” and "CIF", as well as payment terms. These are closely related to your landing cost calculation and risk assessment. You can consult an import management company and a freight forwarder for detail break-down on the costs and risks.
Step 5 Ø Understand payment terms. Somewhat common is to pay 30% at time of order, and the remaining 70% when the product ships. The down payment gives the manufacturer/supplier funds necessary to begin production. These terms are negotiable.
Step 6 Ø As the Importer of record, you (not the supplier) are legally responsible for making sure that goods brought into the country meet all national regulatory requirements. Goods that don't meet requirements can be stopped at the border or can result in future legal suits. Don't just take a supplier's word that requirements are being met. Do your homework on compliance issues and make sure you know requirements are being met. You need to understand the relevant import compliance regulations beforehand. Besides US Customs and Border Protection, other government authorities like USDA, FDA, DOT, and ATF also regulate the importation. Pay particular attention when you import textile products from china. Go to the websites of these agencies to understand, register or download the forms. Compliance issues can be very complicated for some products.
Step 7 Ø Select a forwarder and customs house broker. select the reliable forwarder is very important For the first time importer, use more individualized services, because you need more attention than you would expect. You may ask your local customs bureau for help on assessing custom duties amount for your products, or use online services such as AsiaCalculator
Step 8 Ø Place a trial order with a written purchase order if everything goes well. In the purchase order, besides typing out a detailed description of the products, product requirements, packaging requirements, etc., and trade terms, list all needed shipping documents.
Step 9 Ø Inspect your goods on site in the factory before delivery, you can do in person or appoint the third-party to inspect. You may also consider having inspections done of components that are going into assembly early in the process. This can help avoid last minute quality problems. This is usually done a few days before the expected shipment, so you can address any issues that would be raised. This will allow you to avoid receiving defective or non-conforming goods.
Step10 Ø Track the transportation and customs clearance. The nominated forwarder should take care of your transportation and customs clearance. However, you also need to track the process and assistance, such as providing additional products information and endorsing bill of landing etc.
Step 11Ø Receive the products and keep the records. Now you can go to your next step to sell your products and make profit.
With over 5 years’ experience in Import & export business, we can well support our customers for their business in China, from finding the needed products, quality inspection to safely ship the products to customer’s hands. We are always standby by your side and take care of your every interest here in China.
