While the scale of the Chinese market continues to offer
companies bountiful opportunities, it can at times be a challenging
jurisdiction in which to incorporate and do business. That being
said, the process of incorporating in China has been simplified in
recent years, with the government reducing the number of necessary
steps and streamlining the registration process.
In our Global Business Complexity Index 2021, China
ranked as the 12th most complex business environment. While it
remains a challenging jurisdiction for companies seeking to set up
here, this marks an improvement on its position in the 2020 GBCI,
where it ranked in 6th place.
Many companies postponed their planned investments in China in
2020, in light of the pandemic. With restrictions on movement then
continuing into 2021 and 2022, many have opted to rekindle their
plans, despite being unable to travel to China in person. To work
around this issue, some businesses have opted for identifying
