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How to start a business in China

China is one of the biggest markets in the world, if not the biggest, and still rising. The country offers a wide range of possibilities to develop their businesses in several different ways. For any business moving into a new developing market, like China, taxation is a key decision factor. What is the Enterprise Income Tax? Are there any benefits for foreign businesses? How to optimize the legal structure in view of the taxation environment? How to construct an employment contract for foreign expatriates in terms of the Chinese Individual Income Tax Law?