Hi,
I'm in software business and I have a FDI (foriegn direct investment) company in China where we employ local engineers for our R&D work and conduct local sales.
Recently, i've a few Singaporean friends asking me to help them "front" their startup in China. I'm interested in this partly to assist fellow Singaporeans, and also fund my expansion in China by sharing costs.
If you are interested in this proposition, and have a workable and legal business idea - no illegal ventures please - you can write to me on this new business unit.
Our only requirement is veto rights over the legal contracts you enter and you must have sufficient working capital to cover 3 months of operations.
The benefits are:-
1. You do not need to commit outfront, the few hundred grand USD required by Chinese government to setup your firm.
2. You do not need to take risk by partnering with a local Chinese national whom you do not know well just to enjoy a lower capital requirement - in RMB instead of USD.
3. We can assist you in finding office space, staff, and local contacts.
4. Should you decide to go independent, you can do so anytime.
If you are keen, you can email me your contact and introduction at
[email protected].
Thank you.
Rgds,
Joshua