SRC●Eurasia Consulting

Introduction to Services

  

SRC●Eurasia Managing Directors. From left, clockwise: Alan Winn, General Manager, Eurasia. Kevin Zhang, Director, Eurasia; President & CEO, Besttown. William Dodson, Managing Director, SRC. Lu Younian, Director of China Operations, SRC

 

Do-it-yourself efforts by Western companies to start up their own operations in China often result in cost overruns and delayed production schedules. Foreign companies coming to China can dramatically reduce the cost and time involved in starting up their factories by using local experts that:

• already know the city officials involved in and the vagaries of local registration processes;

• have supplier networks for machinery and materiel already in place;

• can manage construction and installations;

• have been through numerous start-ups themselves.

Silk Road Communications (SRC) and Eurasia International Consulting (SIP) Co. Ltd have formed a cooperative Joint Venture based in Suzhou to support foreign companies in the booming provinces of Jiangsu and Zhejiang. 

 

SRC●Eurasia is dedicated to providing a full-spectrum of localized business development services to Western companies opening operations in the Yangtze River Delta. Our new office is located in the Suzhou China-Singapore Industrial Park, a 1-1/2 hour drive from Shanghai. SRC●Eurasia provides:

• industry market-research;

• human resource searches;

• factory start-up expertise;

• government approvals facilitation in the Singapore Industrial Park and in Suzhou New District;

• negotiation support;

• factory decoration through alliance partner Besttown Ltd (Suzhou);

• construction project management through alliance partner Besttown Ltd (Suzhou).

About Eurasia International Consulting (SIP) Co. Ltd

Eurasia International Consulting (SIP) Co Ltd provides a range of services for the foreign investor within the Peoples Republic of China.  It is particularly well placed to offer advice for those companies looking to locate in Shanghai, Suzhou and Jiangsu province.  The company has excellent links with UK government agencies such as the British Consul (Shanghai) and the China British Business Council.  Representatives of the company have provided input into seminars held by the CBBC for those considering investing in the region.                                    

 

 As Eurasia is a joint venture company it also has the ability to use its connections within China to ensure clients are provided with a second to none service no matter how small. In general Eurasia can provide specific or general advice to its clients across a wide spectrum ranging from business planning to specialist recruitment.  Eurasia can assist with site selection, facilities construction, and business start-up.

 

Business Planning

Much preparation is required and from a European perspective many questions need answers.  Eurasia’ staff can provide many of the answers and indeed provide some of the questions that need to be asked.  Staff with direct experience in setting up a business in China provides an insight and detail that could prevent costly delays for the novice.  Eurasia can assist in the development of the business plan for foreign investors during the early stages of the project.

 

Business License and Bureaux Registration

Eurasia staff will work with clients to advise clients on the Business License application and complete the application on their behalf.  Following the issue of the license all the necessary documentation, registrations and certification would then be completed on the client’s behalf:

 

1.      Company name registration

2.      Establishment approval certification

3.      Business license

4.      Company seal carving

5.      Company code certification

6.      Open accounts both for RMB and Foreign Currency

7.      Foreign currency registration

8.      Investment examination report

9.      National tax registration

10.  Local tax registration

11.   Finance registration

12.  Custom registration

 

Site Selection

 The location of the factory site is governed by many influencing factors.  Aspects such as infrastructure, accessibility, suitable staff demographics and employment costs are all factors which have an impact on the selection of a suitable site.  Eurasia’s Consultants are able to provide an independent and un-biased advice on the location of the client’s business taking account of all influencing factors together with the requirements of the client.

 

 

Factory fitting

Eurasia can assist in the selection of suitable companies for use in the provision of suitable facilities for the factory.  Eurasia staff can oversee the factory fitting and ensure that the correct quality standards are maintained and that the project remains on target for on time completion.  Eurasia staffs are familiar with Western standards of facilities and can ensure that all requirements of the investor are achieved within the standard laid down by the client.  The opportunity of having an experienced project management team at the disposal of the client can also have the benefit considerable cost advantages as it removes the need for the client to have a project manager of their own on site during this phase of the development.

 

Operational Advice

Many companies new to China are faced with a large amount of new business practises and a significant difference in the way that business operates.  Those companies failing to take these issues into account will find the initial phases of their business start-up difficult.  Knowing what questions to ask is as important as gaining the answers.  Costly mistakes can be avoided at this stage of the business development with good quality, sound advice.  Eurasia staff are able to provide detailed input at this stage of the operation and if required senior management staff to support the newly appointed staff of the company and therefore avoid the many of the pitfalls.  Eurasia can also provide direct staff for the company if required during the start up phase of the business.

 

Localisation

Much of the advantages of operating within China are connected to the sourcing of raw materials and services at local prices.  Many companies new to the area rely in the first instance on the lower labour rates within the country.  This may still be advantageous if goods manufactured are to be exported but would not prove to be  competitive if goods are to be sold in China.  Using its network Eurasia can identify possible raw material and service providers to meet the client’s requirements.  We can also advise on supply contracts and taxes

 

Recruitment

Eurasia can provide a range of services relating to the recruitment of both Chinese and Ex-patriot staff.  It can also assist with the initial short listing process if required.  It is important that senior Chinese staff appointed to new ventures have an understanding of western business practice and Eurasia’s experience in this field will ensure that suitable candidates are provided for interview.

 

RESIDENCE APPLICATION

According to Chinese law and regulation foreigners who will live or work in China need to make relevant registration. Eurasia stuff could help you complete such kinds of application including visa, temporary living permit, residence permit, and employment permit.

 

 

PREFERENTIAL TREATMENT

In order to attract more foreign investment, Chinese government provide foreign investors with many preferential policies in different fields and levels.  Many Investors become confused with this and miss out on opportunities to use such preferential treatments to assist in the development of the business.  Eurasia would collect such information using our well established networks and links with the authorities and present the client with clear and sensible advice.

 

Housing

The Eurasia network is ideally placed to identify and select suitable ex-patriot accommodation for staff at all levels.  Using this service could save as much as 50% on property rental.  We will also advise on rental contracts and service agreements

 

Why Eurasia?

Using one or more of the services offered by Eurasia will provide a cost effective route to business and cultural advice which will be invaluable for those new to China.  Creating and running a business in China is not difficult but it is full of costly pitfalls for the novice.  There are many differences between business practices in the west and China and with the help of the staff at Eurasia newly invested companies can ensure a smooth start to their operations and business development.

 

Contact Details

 

General Enquiries
Lili Xu (or Ivy Zhang)	Tel: +86 512 67622655 (62833327)
Consultant	Fax: +86 512 67622633 (62833832)
Eurasia International Consulting (SIP) Co Ltd	Mobile: +86 512  65673739(13013875158)
A404-A Suxin Mansion	Email: eurasia@pub.sz.jsinfo.net
#88 Jinjihu Road	goldenet@public1.sz.js.cn (project@besttown.cn)
Suzhou Industrial Park
215021 PR China
General Manager:
Alan Winn	Mobile +86 13812652898
	Email: alanwinncn@yahoo.co.uk