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The registration fee for Emperor Credit is RMB, which includes a complete set, business license, and seal. The one-year financial maintenance fee is RMB, including the second-year annual review.
What is needed for industrial and commercial registration?
Company name
Company business scope
Company registered address
Registered capital
Shareholder identity information
Dong digital certificate
Overseas investment environment for Chinese enterprises Five major trends
Overseas mergers and acquisitions by Chinese companies have surged against the trend
Despite the slowdown in China’s economic growth, the enthusiasm of companies to go global has not weakened at all. On the March issue, Wanda Group’s official website announced that it would cooperate with France’s Auchan Group to invest in a large-scale cultural tourism and commercial comprehensive project in Paris, with a total investment of more than 100 million euros. People familiar with the matter said that Wang Jianlin wants to take the Chinese cultural tourism city model overseas for replication, and his final goal is to do it with Disney
And this is just the first two months of this year. Among the many overseas investments and mergers and acquisitions by Chinese companies An example of. Released global M&A data show that as of January, there have been overseas M&A cases initiated by Chinese companies this year, with a total transaction volume of US$100 million. The transaction volume in the same period last year was US$100 million, a nearly doubled year-on-year surge.
The overseas investment environment presents five major trends
The "Overseas Investment Environment Report" released yesterday further confirms the above data. This report was released by the China Overseas Political and Economic Research Center and the Regional Security Research Center of the Chinese Academy of Social Sciences. The report stated that overseas mergers and acquisitions will be the main way for Chinese enterprises to expand overseas in the future. The current overseas mergers and acquisitions environment presents five major trends, and risks and opportunities coexist.
What are these five trends? Zhong Feiteng, one of the keynote speakers who participated in the report and director of the Great Power Relations Research Office of the Institute of Asia-Pacific and Global Strategy, Chinese Academy of Social Sciences, said
First, the growth rate of the world's major economies has declined and recovery has been weak, resulting in the devaluation of many corporate assets. Chinese enterprise mergers and acquisitions provide financial guarantee. Secondly, some new industries and new business formats emerged during the industrial revolution. Foreign companies have not formed a monopoly. Chinese enterprises can acquire these new industries. Thirdly, China's large multinational companies have a certain strength to carry out overseas mergers and acquisitions. Fourthly The recently proposed One Belt, One Road national initiative has opened up business opportunities in many previously unimagined places. Fifth, in general, protectionism is on the decline, creating a better external environment for Chinese corporate mergers and acquisitions.
It’s a good time for Chinese investment overseas
In the past two months, news of large-scale overseas acquisitions by Chinese companies have continued to come. The one that attracted the most attention was the US$100 million acquisition of Swiss seed and pesticide giant Syngenta by China National Chemical Corporation. This acquisition created the largest overseas acquisition by a Chinese enterprise to date.
In addition, larger-scale transactions include Haier’s US$100 million acquisition of General Electric’s home appliance business, Zoomlion’s US$100 million acquisition of American machinery manufacturer Terex, and HNA Group’s US$100 million acquisition Acquired U.S. electronics distributor Ingram Micro. The Chicago Stock Exchange also announced this month that it had agreed to be acquired by an investor alliance led by China's Chongqing Caixin Enterprise Group. If the acquisition goes through, it will become the first Chinese company to own a U.S. stock exchange.
Chinese capital is booming in going global. According to Zhang Jianping, director of the International Economic Cooperation Research Office of the National Development and Reform Commission's Institute of Foreign Economic Studies, now is indeed a good time for Chinese companies to go global.
After the rapid decline in commodity prices in 2016, global asset prices have returned. Now it should be said that asset price valuations are not particularly high, and this should be a relatively good opportunity.
Localization of operations has become a key factor in going global
According to industry insiders, purchasing European and American technologies and brands to promote China's industrial upgrading is the main driving force for Chinese companies to realize their overseas ambitions. However, Zhang Jianping reminded that overseas mergers and acquisitions must not only fully consider the legal risks of the host country, but also operate as locally as possible.
First, you must be very familiar with the laws of the host country. When Chinese companies go abroad, they must be willing to spend a small amount of money to consult lawyers and accountants
Second, when Chinese companies invest in host countries, they must fully analyze and demonstrate the feasibility of the project
Third, in terms of operation and management, they should try their best to Localized operations. Using more local employees and managers to assist can not only allow the company to gain recognition from the local community, but also ensure long-term sustainable operations.
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