• developed business infrastructure, corporate law;
• different legal forms of companies;

• each province established its own requirements for company’s registration;
• there are requirements for the minimum authorized capital - depending on the legal form of company.

The deadline for company’s registration - up to 1 month. It should be noted that the registration procedure in China is very similar to the procedure of registration in Ukraine.

Favorable tax policy:

• low tax rates;
• the income tax rate is 20% for companies with foreign investments;
• there are benefits  for enterprises with 100% foreign investments, namely: the enterprise is exempt from taxes for 2 years;  in the latter years operates a reduced rate;
• tax on income from dividends is 20% for companies with foreign investments;
• there are areas with special economic status, where preferential tax rules are applied;  
• VAT rate is 17%, but there are some relieves of it in certain conditions;
• there is a system of agreements of avoidance of double taxation, which includes more than 40 agreements signed and ratified by other countries (including Ukraine).

• intellectual property, trademarks, patents;
• machines and equipment, shipbuilding, engineering, electronics;
• oil and oil products, coal;
• biotechnology (wind power);
• light Industry;
• agriculture.