GFA 238 October 30, 2018

1 on 1 Discussion - Strategies Between A Hong Kong and China Company Structure

GFA238. Tips on structuring a business. Today’s podcast is just “me”. I had the pleasure to speak at China Mike’s (no not me!) Sourcing meetup in Chiang Mai, Thailand on the topic of setting up and structuring your Hong Kong and Mainland China business. For full show notes, check out GlobalFromAsia.com/episode238.

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Today’s podcast is just “me”. I had the pleasure to speak at China Mike’s (no not me!) Sourcing meetup in Chiang Mai, Thailand on the topic of setting up and structuring your Hong Kong and Mainland China business. I took the podcast mic and was thinking of you when I recorded – no slides as this is audio only – but I do reference them in the discussion so I hope it still helps. The slides and all the templates will be made available for GFAVIP members – we will link to that GFAVIP forum’s post. If you want to join a free webinar where we discuss this – check the link below

Topics Covered in this Episode

About Mike

During the discussion I share a bit of how I got to Asia and into business

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Why you should (or shouldn’t) open a company

What is the thought process of opening a company in the first place.

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Different formats of a Chinese company

Discuss a bit about joint ventures, WFOE, and Rep offices.

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Hiring in China

Discuss how to hire people in Mainland China

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Stories of Hires Gone Bad

Discuss a story of an employee who reported me to the labor department

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Taking Labor Department Serious

Sharing about being careful how you hire and fire women – especially when they are approaching pregnancy and some stories.

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Connecting Hong Kong

The story of why I opened a HK company instead of just a Chinese company

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Benefits of Hong Kong

Why do people do it?

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Some of the negatives of HK

The audit and other hassles.

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Questions from the audience

We get into Q & A

People / Companies / Resources Mentioned in this Episode

Forest Shipping
China Mike from Made in China Podcast
Employee contract in China template, The Manufacturing contract, and Download the slides for this presentation (GFAVIP members only)
FREE Webinar to learn more about what we discussed and ask questions

Episode Length 46:06

Thank you so much for listening! This one I hope is appreciated – I keep things real and try to share the story. Maybe some of the things were not too PC (politically correct) and I hope I don’t offend anyone. But to be honest – I used to worry too much about keeping everyone happy. If you try to keep everyone happy – then you will be miserable and no one will be happy. So I am taking a stand on the podcast and going to be a bit more “real” and putting it out there. Hope you enjoy and appreciate that.

Join us for a webinar – live – to discuss these items and more!

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