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ads consulting
Asia Direct Selling
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Services
Company Incorporation
Not knowing legalities about foreign ownership and spending excessively to
incorporate a new company.
incorporate a new company.
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Singapore
Indonesia
Vietnam
Philippines
Malaysia
Hong Kong
Macau
China
Taiwan
India
Thailand
Japan
South Korea
Myanmar
Maldives
Sri Lanka
Laos
Cambodia
Brunei
Pakistan
Indonesia
Vietnam
Philippines
Malaysia
Hong Kong
Macau
China
Taiwan
India
Thailand
Japan
South Korea
Myanmar
Maldives
Sri Lanka
Laos
Cambodia
Brunei
Pakistan
Common Mistake:
Solution:
This is often a daunting process and we have known of companies that spent hundred of thousand of
dollars just to get their company incorporated. In reality, it is actually a simple and cheap process.
The complication comes about from incorporating wholly foreign owned entities. Quite a few countries
in Asia have restriction on this for the retail trade, of which direct selling falls under.
The solution to this is quite simply to form joint venture or local owned entities. The risk can be easily
managed as all companies hold the database of their distributors in their computers in the home office.
The local company in itself is thus of little value. Profits in the local company can be made zero through
transfer pricing or inter company service charges. Should there be disputes, corporate can always
form another local company and use it as the vehicle to do business. This hedges the risk of spending
a lot without knowing if the market can live to its potential.
We have the experience in setting up companies, including wholly foreign owned should it be
desired. For JV or local owned companies, our local representatives can act as the shareholders.
dollars just to get their company incorporated. In reality, it is actually a simple and cheap process.
The complication comes about from incorporating wholly foreign owned entities. Quite a few countries
in Asia have restriction on this for the retail trade, of which direct selling falls under.
The solution to this is quite simply to form joint venture or local owned entities. The risk can be easily
managed as all companies hold the database of their distributors in their computers in the home office.
The local company in itself is thus of little value. Profits in the local company can be made zero through
transfer pricing or inter company service charges. Should there be disputes, corporate can always
form another local company and use it as the vehicle to do business. This hedges the risk of spending
a lot without knowing if the market can live to its potential.
We have the experience in setting up companies, including wholly foreign owned should it be
desired. For JV or local owned companies, our local representatives can act as the shareholders.
