Setting up in China | Navigating China Series
This series of business workshops is intended to help companies to better understand and navigate the China opportunity. Leading China experts will share the latest insights on the China business landscape in 2022, helping attendees to make informed decisions on their approach to the China market.
Establishing a permanent presence in China is often a logical step for companies looking to expand their China operations. Setting up a Wholly Foreign Owned Entity (or WFOE) can provide greater operational flexibility, such as in employing staff, billing customers, managing suppliers and other day-to-day activities.
This session will examine the different options available when setting up in China, factors to consider when setting-up, and provide practical advice on how to go about incorporation. The session will touch on key issues around strategic planning, due diligence, bank accounts, legal risks, tax and audit, profit repatriation, staff recruitment and corporate governance issues.
Speakers:
Kristina Koehler-Coluccia, Head of Business Advisory, Woodburn Accountants & Advisors
Kristina Koehler-Coluccia is a China market entry expert with over 19 years of China-experience. She runs a very successful corporate services and advisory firm, headquartered in Hong Kong with its subsidiary in Shanghai, helping UK companies, leaders, entrepreneurs, and investors to establish their presence in market and scale their businesses. Her focus is on protecting the companies and leaders by creating solid foundations and introducing them to and implementing on their behalf standard operating procedures and corporate governance guidelines.
Her firm, Woodburn Accountants & Advisors, have helped over 500 aspiring entrepreneurs and SMEs grow their businesses in China. Woodburn was created with a simple yet revolutionary model for the Chinese marketplace – to serve as a one-stop shop, from company registration to offering value added services to helping SMEs sustain and grow their businesses.
The services include Trademark registration, Investment Advisory & Incorporation, Financial & Strategic Advisory, Appointments of Supervisors, Finance Managers and Non-Executive Directors, Accounting, Tax, VAT, Bank & Payroll Services, Recruiting for in-house finance teams and Internal Health Checks and Audits.
Kan NG, Global Business Director, VCCP
Kan has been working in advertising across different continents for a decade. Raised in Hong Kong, she has also lived in Berlin, Shanghai, Beijing, NYC and joined VCCP in London 5 years ago.
Amongst her international experience, she had worked with a variety of clients including Google, Celebrity Cruises, Shell, Standard Chartered Bank, LVMH Group, Volkswagen, Peugeot, OPPO, Hisense, Genshin Impact and Star Alliance. Kan is an experienced business director who has led award winning campaigns both globally and locally. In the past year, she has had different projects launched in the USA, MEA, APAC, LatAm and Europe.
Kan helped to set up the VCCP China office in 2020, since then she's been working with clients in the east and west to achieve international success in multiple markets.