Azure Group China helps clients find the most appropriate business type and company set-up method.
How can Azure Group China help clients in the Cultural, Sports and Entertainment Industry
We help companies to enter this market and carry out operation activities quickly. We also recommend our clients conduct thorough market research and due diligence prior to entering the market to reduce investment and operational risk.
We can offer these services, including but not limited to:
Cultural, Sports and Entertainment Industry Overview
The development of culture and related industries increased with the development of the disposable income of Chinese residents.
Some related segment industries, such as the tourism industry, are still suffering due to the pandemic. But other sub-industries such as the internet game industry still maintained a relatively good growth rate.
The operating revenue growth rate of some subcategories, including internet advertising services, intelligent unmanned aerial vehicles manufacturing for entertainment, other Internet information services, other cultural digital content services, and wearable intelligent cultural equipment manufacturing, are all exceeding expected levels.
Special administrative permission requirements
- 营业执照 Business License
- ICP许可证 ICP License
- 文化经营许可证 Culture Operation License
- 公共场所卫生许可证 Public Health License
- 网络文化经营许可证 Network Culture Operation License
- 营业性演出许可证 Commercial Performance License
- 消防许可证 Fire Permit
- Other licenses
Our Latest Insights
Registering a company in China: Foreign Bank or Local Chinese Bank?
One of the legal requirements when registering a company in China is opening a bank account. China’s local banks and foreign banks vary a lot from each other in many aspects. As a foreign business, it’s necessary to figure out which bank should choose.
China setup: 8 Tips to help you easily generate your business names in Chinese
In China, only a company’s registered name in Chinese is legally binding. When applying for registration, the brand name, industrial selection, and registration area should be listed. The typical format for a company name is Registered Area Name + Brand Name + Industry Type + Co., Ltd. Or Brand Name + (Registered Area Name) + Industry Type + Co., Ltd.
Registering a company in China: Do I need to make Company Chops?
Having company chops are mandatory if you want to start a business in China. According to the PRC Company Law, the company chops (or seals, stamps) can be used as legal evidence and represent business activities.
Social Insurance Exemptions for Foreigners working in China
In China, social insurance includes five different types of insurance, including pension, medical, unemployment, work-related injury, and maternity insurances. If you are from one of the following countries that have signed a social insurance agreement with China, you are entitled to a social insurance exemption, once approved, you and your employer may save unnecessary insurance costs from this benefit.
Australian setup: Is Australia an attractive market for UK business to Expand into?
Many foreign companies which have registered a business in Australia in the last two years are growing steadily. Australia is among the countries with the largest GDP worldwide, and thus one of the largest economies.
How long should you keep accounting records?
According to the Accounting Records Management Method, the accounting files in China refer to various forms of accounting information, such as text and charts with preservation value, which are received or formed in the process of accounting and could record and reflect the economic business matters.
China’s latest preferential Tax policies
There are three types of tax preferential policies issued by the Chinese government this year: New preferential tax policies, Continue with some of the COVID-19 relief tax policies introduced in 2020 and Extending the implementation period of some previous tax incentive policies.
Starting a business in Australia Checklist – Before, During and After!
If you want to start your own business in Australia, you will need to know where to find the right information and support quickly and easily. This will position you and your business for success.
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