NNRoad's market entry package is a one-stop solution to conducting business prior to having a legal entity in the new market. Refer below steps to start conducting business in China.
Phase 1. Start your business before your local legal entity is officially setup:
Phase 2. Continue your business after your local legal entity setup:
NNRoad offers a one-stop solution to start a business in China. At the completion of the service, you will have your own legal entity in China. NNRoad will:
In China, Employment Outsourcing means the individual is selected by, managed by, and works for the client, but the employment relationship is created by a licensed 3rd party; the 3rd party must have clearance from the Chinese government in order to hire legally in China. If the service provider does not have this clearance, the legal risk may fall on to the client. NNRoad solely works with partners in China that have this clearance.
For companies with no legal entity in China, Employment Outsourcing is a good option to start its business in China.
For a representative office, Employment Outsourcing is a mandatory requirement in order to employ Chinese employees.
NNRoad offers two types of Employment Outsourcing services:
Standard - As described by the applicable laws, the client shall bear the full employer liabilities unless the liability is resulted from or caused by NNRoad’s faults or mistakes.
Premium - NNRoad will bear the full employer liabilities unless the liability is resulted from or caused by the client's faults or mistakes.
Please note that not all individuals are entitled to be engaged in the Standard Employment Outsourcing service. Refer to the following matrix for details.
|Full-time employment for Chinese with fixed-term relationship||√||√|
|Full-time employment with project-based term relationship||√|
|Full-time employment for foreigner||√|
China’s payroll system includes various regulations and failure to comply with payroll regulations may lead to costly penalties. Regulations are issued from over 600 city-level government offices. Every year, all city-level governments update and/or change the mandatory insurance and related funds (social insurance, housing fund rates and bases, etc.) and policies.
Mandatory benefits are depended on the city but typically refer to “5 insurances and 1 fund” (5 insurances: pension, medical, unemployment, maternity, work-related injury. 1 fund: accumulated housing fund). Benefits vary by city and policies for foreigners are often different than policies for locals.
NNRoad offers comprehensive accounting services in China.