China Business Articles

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• VIRTUAL OFFICE TOOLS
• Business Travel in China
• A Representative Office in China
• e Fax in China
• Setting Up a Shenzhen Office
• Setting Up a Beijing Office
• Setting Up a Shanghai Office

Setting Up a Shanghai Office

Are you thinking about opening an office in Shanghai? These days, you can't afford to ignore China. And with its bustling financial markets, huge expatriate population, and lively social scene, Shanghai is very appealing to many business people getting set up in China.

But there are huge barriers to entry if you plan to establish a bricks-and-mortar office in Mainland China. Success comes only after a massive investment of time, energy and capital. You'll need to work through a huge stack of contracts and red tape, with months of waiting, before you can even open the door of your Shanghai office. Let's take a look at the numbers:

According to a study by Colliers International, average Shanghai office space rental prices exceeded $1.00 US per square meter for the first time in the second quarter of 2006. Grade A office space in the eastern part of the city, known as Pudong, had a year-on-year increase exceeding 26%. The study suggests that the costs of office space will keep rising in response to demand, which is very high in this most modern and international of Chinese cities.

A typical small Shanghai representative office will cost anywhere from $7,500 to $11,350 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 Beijing doesn't have to take a large investment of time and money. There are many choices for virtual offices in Shanghai, at prestigious locations such as the Shanghai Bund Centre, the Jin Mao Tower, and Shanghai Silver Centre.

By combining a virtual office with tools like VoIP, serviced apartments and Internet fax, you can communicate and do business with your Chinese partners easily and reliably. Operating mostly from your home country, you can easily and affordably maintain your relationships with your friends and colleagues in China.

Getting a local phone number is as easy as getting a cell phone. For a local fax number in China, Internet fax is the easy solution.

Internet fax lets you to send and receive faxes using your email. Even when you're snug at home, you can send out the next order of widgets to your factory in Shenzhen. MyeFaxChina.com, the premier China Internet fax service, serves 8 major cities, including Beijing, Shanghai, Tianjin and Qingdao. Signing up is quick and easy, with none of the usual hoops to jump through. You get your number in minutes, and you're ready to go.

In fact, this may be the best first step in starting your Shanghai office. It's a fast and no-risk way into China. You can start a free 30-day trial in less than three minutes. You'll get your own local Internet fax number to distribute to all your clients and business partners. It's that simple. If you still have questions, contact our customer care team at CustomerCare@MyeFaxChina.com.

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