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How to accelerate in post-pandemic China?

china white paper

October, 2022

What actions can foreign companies implement to succeed locally? What are the most dynamic segments of the Chinese economy? How can you approach this market, using Hong-Kong as a bridge?

In our white paper, we explore the ever-transforming Chinese economy to identify the right opportunities and define the right approach to secure your expansion strategy there. Moreover, don’t miss out the opportunity to watch our webinar on Hong-Kong.

The outburst of COVID-19 pandemic has highly impacted the local economy and the whole value chain. Post-pandemic China’s economy turned inwards to face the decrease in foreign markets consumption and sustain its local demand but proved to be one of the most resilient worldwide. You will learn how to accelerate your business in a more complex but growing environment…

“Overall, the Chinese market still provides important growth opportunities and room for development. The current political and economic context is not impacting China the same it is impacting other economies. Foreign investors and companies can remain optimistic about the Chinese market and its potential while limiting their risk exposure. The Chinese market represents an important alternative to advanced companies and other unstable developing countries.” Geoffrey Bonnel

COVID-19 has not only impacted China: Hong Kong also had to respond to special regulations, slowing down international trade and the economy.
Today, Hong Kong is facing new business opportunities with lifting the world’s strictest pandemic regulations and is regaining competitive advantages since Covid.

When thinking of a business strategy for China, use Hong Kong as a bridge to reach your goal.

To learn more about it, watch the video recording of our recent webinar about Hong Kong by clicking here (dated Oct. 27th, 2022).

To read our White Paper about China, please fill in the form:

Want to know more about expansion opportunities? Read our White Paper on UK.

The establishment of a subsidiary is the preferred way to set up a company in Germany, as it is a genuine and legally independent company under German law. It is the most advanced form of establishment for carrying out the economic activity with a strong grip on the German market, due to the fact that it has a legal structure the Germans know, which is reassuring to them.

Here are the 7 steps we have compiled to help you set up your subsidiary in Germany:

1) Getting an address/ business domiciliation in Germany

The first thing to do is to have an address or a business domiciliation in Germany, before taking any steps in the country, to be able to start the process of creating a subsidiary.

2) Selecting the right legal form

German company law offers different legal structures for setting up a German subsidiary, which enables you to choose one depending on your business purposes.

Here are the main types of companies in Germany:

3) Confirm the name of your company with the commercial register (Unternehmensregister)

You must make sure that you can use the name of the company you want. Thanks to the Unternehmensregister website, you can easily and quickly search for already registered company names and check that yours is unique.

4) Open a bank account

You must then open your own bank account in Germany. Opening a bank account does not involve a lot of red tapes, as it is done in accordance with standard international practice. Many German banks allow you to set up accounts online, which means you can do this step remotely – but be aware that most bank websites will be entirely in German. Make sure you provide proof of your identity – this can be done at your local post office, or you can ask a notary or lawyer to help you check your identity.

You can also make your request by going to the bank in person. In this case, you or your representative may be asked to present your passport or identity card, as well as a Meldebescheinigung (“certificate of registration” – your proof of residence in Germany).

5) Provide the necessary documents for setting up a business

The legal form of the company determines the necessary documents and evidence. In all cases, the following administrative formalities must be carried out:

It should be noted that there are certain sectors of activity in Germany for which specific authorization is required (e.g. transports, estate agencies, surveillance companies, etc.). The Gewerbeamt is likely to indicate any additional steps to be taken. 

6) Registration in the Commercial Register of the lower regional court (Amtsgericht)

Next step: Your entry in the Commercial Register of the lower regional court (Amtsgericht).

You must submit your documents to the Commercial Register through the notary. If the essential information about your registered company (company name and registered office, authorized representatives, legal form, as well as share capital or shares) is accepted, your new company will be published on the Handelsregister website.

The final step is to register your new business with the local tax office within four weeks of opening and within one month of certification of the articles of association by a notary.

7)  Registering with the tax office

You now know the key steps to setting up your subsidiary!

ALTIOS is always at your disposal to guide you through all the steps involved in setting up a new German company or expanding an existing one. We will be happy to put you in touch with the appropriate lawyers, tax advisors, attorneys, and other experts needed to realize your investment project.

Please do not hesitate to call us on +49 (0)69 24 74 102 – 14 or contact our business developer Juliette Cabot at j.cabot@altios.com

Mai 29th, 2020

All our economies have been impacted by the COVID-19 crisis. But what is the real impact for the United Arab Emirates and the GCC region? What is the impact across sectors?

Get visibility and valuable insights on the business opportunities created or reinforced by Covid-19.

ALTIOS Middle-East will help you have a better understanding of the current situation in the region and identify business strategies and opportunities in order to make your businesses fruitful again.

Where are the opportunities in light of the COVID-19 crisis?

  • Government support: stimulus package of 70 Bn $
  • Food and beverage : delivery services, health & wellness food, subscription, modified atmosphere agriculture
  • Healthcare: E-Health (including AI, Big Data, blockchain, and IoT), virtual diagnosis, local formulations
  • Renewable energies: with oil prices dropping, need for new energy sources (energy storage, sourcing, digitalization/automation)
  • ICT: the United Arab Emirates are at the heart of the digital revolution (cybersecurity, artificial intelligence ministry, IoT, 5G)
  • Supply chain management

Contact ALTIOS Middle-East (f.paquay@altios.com) to learn more about the opportunities in the UAE and Gulf region or send an email to our Global Help Desk : GlobalHelpDesk@altios.com

Our study offers you some keys to understand the impact of COVID-19 in the UAE and GCC region, opportunities and implications for growth.

Just click on the link to download it : COVID 19 IMPACT IN THE UAE AND GCC REGION