Taiwan Citizens Establish Private Company in China

The State Council, Taiwan Affairs Office of the State Administration for Industry and Commerce on 27 December 2011, issued "Opening of Taiwan residents to apply for the establishment of individual industrial and commercial households", which came into effect on 1 January 2012, Taiwan residents, shall  in accordance with relevant laws, regulations and regulations in Beijing, Shanghai, Jiangsu, Zhejiang, Fujian, Hubei, Guangdong, Chongqing, Sichuan and other provinces, it can be, without being subject to foreign investment and approval, in capacity of an individual industrial and commercial household,  applying for registration.   The business scopes eligible for applying application includes catering and retail trade, but excludes franchising.   With employees are of no more than eight people, business area not exceeding 300 square meters.    Business with employees have less than 10 people and business area not exceeding 500 square meters.