Regarded as the “lightest” company structure, a representative office (“RO”) can offer newcomers – who are not ready to take the plunge into uncharted waters with a hefty investment – a relatively easy and quick way to establish a foothold in China. This pared-down mode of presence in China has its merits as well as drawbacks, and you are well-advised to take them into careful consideration when deciding which structure best fits your business’ individual needs.

While many foreign investors continue to be lured in by China’s wealth of attractive business opportunities, for other investors, however, the time has come to call it quits. Learn how to properly deregister your company in China with this guide. Closing a business in China can be a complex and time-consuming process, but abandoning it is not the solution. Ensure compliance and avoid penalties by following the necessary procedures.