Companies in the healthcare industry should be aware of regulatory issues and investment constraints to ensure a successful entry.

How can Azure Group China help clients in the Healthcare Industry

Azure Group China provide services to help you overcome these obstacles and to help you develop more accurate and sustainable operation strategies.

We can offer these services, including but not limited to:

  • Merger and Acquisition
  • Group restructure OR Pre-fund raising/IPO restructure services
  • Capital Raising Support
  • Due Diligence
  • Business Valuation assistance
  • Industry Market Research
  • Internal control system set up and improvements
  • Capital Increase and Decrease
  • Business Scope Expansion
  • Change of Directors/Legal Reps/Supervisor/other officers
  • Other Advisory Services
  • Other business services
Healthcare Industry Overview

Within the last two decades, China has benefited from large-scale reforms in the fields of medical infrastructure and insurance as well as the opening-up of its healthcare market.

The focus has been not only on developing urban areas but also continuously making healthcare more accessible in rural China, boosting development and the number of hospitals, doctors, and medical equipment.

These factors create an interesting market for foreign investors in the healthcare field.

Whilst high-quality educated personnel and innovation give the Chinese healthcare industry ideal opportunities for growth, there are still various challenges including changing Chinese investment policy and tightened government regulations.

Special administrative permission requirements

In the healthcare and medical device industry:

  • 营业执照 Business License
  • ICP许可证 ICP License
  • 医疗器械经营许可证 Medical Device Trading Permit
  • 医疗器械生产许可证 Medical Device Production License
  • 药品经营许可证 Pharmaceutical Trade License

For Health Food:

  • 食品流通经营许可证 Food Distribution License
  • 食品卫生许可证 Health and Food Hygiene License
  • 食品生产许可证 Food Production License
  • 保健食品批准证书 Health Food Certificate
  • Other licenses
Smiling Asian female healthcare worker with arms crossed
https://www.azuregroupchina.com/wp-content/uploads/2021/06/img-floater-1.png
https://www.azuregroupchina.com/wp-content/uploads/2021/06/img-floater-2.png

Our Latest Insights

Registering a company in China: Foreign Bank or Local Chinese Bank?
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.
October 3, 2021
China setup: 8 Tips to help you easily generate your business names in Chinese
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.
September 10, 2021
Registering a company in China: Do I need to make Company Chops?
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.
September 5, 2021
Social Insurance Exemptions for Foreigners working in China
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.
August 12, 2021
Australian setup: Is Australia an attractive market for UK business to Expand into?
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.
July 25, 2021
How long should you keep accounting records?
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.
July 13, 2021
China’s latest preferential Tax policies
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.
April 27, 2021
Starting a business in Australia Checklist – Before, During and After!
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.
November 18, 2020
bt_bb_section_top_section_coverage_image
bt_bb_section_bottom_section_coverage_image
https://www.azuregroupchina.com/wp-content/uploads/2021/06/img-floater-12.png
https://www.azuregroupchina.com/wp-content/uploads/2021/06/img-floater-13.png
https://www.azuregroupchina.com/wp-content/uploads/2021/06/img-form-2.png
How can we help you?