You've got a great business idea, and you're ready to set up shop in China. But where? How about setting up an office in Shenzhen?
Shenzhen is a hotspot on the Pearl River Delta. It was one of the first cities to open to foreign trade in the 1980s, and is now home to a booming economy based on logistics, shipping, and finance. It benefits from proximity to Hong Kong and the markets of Southeast Asia.
But there are many barriers to entry if you plan to establish a bricks-and-mortar office in China. Success comes only after a massive investment of time, energy and capital. You'll need to work through a load of permits and licenses. There will be months of waiting before you can even open the door of your Shenzhen office.
Let's take a look at the numbers:
According to an analysis by Colliers Interntational, in Q3 2007, the average asking rental fee for Grade A Shenzhen office space reached $17.90 US / square meter gross per month. This is an increase of about 5% over last quarter. Salaries and residential rents are also rising with the cost of living and the appreciation of the Chinese currency.
Therefore, a typical small Shenzhen representative office can cost anywhere from $6,400 to $11,000 a month. This would get you a 30 square meter office lease, a local secretary, and an expatriate chief representative officer who lives in a modest two-room apartment. It doesn't even include office equipment and business travel.
Is there another way?
Luckily, establishing your presence in Shenzhen doesn't have to take a large investment of time and money. There are many choices for virtual offices in Shenzhen, at prestigious locations such as the An Lian Building and the Lou Hu Commercial Centre.
Tommy China Business Consulting offer you 3 options for Setting Up a Shenzhen Office
Virtual China Presence
You can enhance your company image by setting up a Shenzhen virtual office, whilst continuing to work from virtually anywhere in the world.
Our customized virtual office service in ShenZhen China allows you to set up everything you need to run an office without having to pay the rent, salaries and overhead costs of a normal office. These services include:
Use of a prestige city business address
Touch down office and meeting room facilities
A local telephone number answered by our customer service centres
Call transfers to wherever you are, worldwide
Use of a fax number enabling receipt and forwarding
Mail acceptance and forwarding
Besides virtual office service, Tommy China Business Consulting offers you office-space solutions that are Instant, Flexible & Ready-made, fully equipped with telephone lines, internet access, reception and furniture. We are located at down town Shenzhen area. Strategically convenient to major banks, shopping malls, hotels and restaurants. Our professional business module services are extensive covering supports such as Company Incorporation, Representative Office setup, Work permit/visa, Secretarial support, Translation and many others. Be it a workstation or a virtual office, we assure you our best quality in customer service. Make it happen now! Make our office, virtually yours! There's no up-front capital expenditure. Walk in, sit down and start work.
Furthermost we offer you turn key solution to your initial stage China market entry, which we call incubation approach.
Our China incubation services allow clients to significantly reduce the costs & risks of china market entry. Clients can leverage our existing China-based infrastructure, thus reducing the need for expatriate arrangements until the China business case is proven.
Please visit http://www.tommyconsulting.com/VirtualChinaPresence.html