Xiamen Office

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The establishment of Chinamultiservice Xiamen Consulting office reflects the growth of our company's business.

The Xiamen office handles clients interested in invest and business in Fujian province and in other southeast China cities including:Shenzhen, Guangzhou and Hong Kong .

Mainly the range of services provided by Chinamultiservice Xiamen office include: assistance in the stone marble building material field; assistance in the customs and logistic field; product sourcing; market research; support for conferences and fairs.

Fujian Province

Fujian Province is situated on the southeastern coast of China and west coast of the Taiwan Straits. It has a population of 34.66 million and covers a land area of 121,400 square kilometers.

There are nine municipalities under its jurisdiction namely Fuzhou, Xiamen, Zhangzhou, Quanzhou, Putian, Sanming, Nanping, Ningde and Longyan with Fuzhou being the provincial capital.

In 2005, the provincial GDP rose to RMB 656.007 billion, about 1.4 percentage points higher than the previous year..

Its imports and exports registered have totaled US$ 54.431 billion, an increase of 14.5% over the previous year, ranking the 7th in the country. By the end of 2005, 37,778 enterprises with foreign investments were established in Fujian, involving the contractual foreign investment of US$99.191 billion.

The key industries of Fujian province are: Electronic; Petrochemistry; Machinery; Light industry; Textile; Building materials and Metallurgy.

Xiamen

Xiamen is situated on the southeast coast of Fujian Province, to the west of the Taiwan Strait. Xiamen is one of the most competitive cities in China, and it also ranks the top in comprehensive competitiveness of government service, legal system, system building, culture & education, infrastructure, market openness, etc.

In 1980 Xiamen was one of the first four special economic zones (SEZ) in China. One of the few municipalities enjoying independent status in state economic planning, Xiamen enjoys provincial level autonomy and local legislative power in economic administration.

This situation is reflected positively on the fiscal treatment of the Foreign-invested enterprises (FIE):

1) Foreign-funded enterprises pay corporate income tax at a rate of 15% and are exempted from local income tax.

2) Productive enterprises with an operation period of no less than 10 years are entitled to a tax holiday for the first 2 profit-making years and a 50% tax reduction for the following 3 years.

3) After the maturity of the above-mentioned tax holidays and concessions, enterprises accredited as hi-tech or export-oriented ones are entitled to a tax rate of 10%.

4) If the foreign-invested enterprises purchase the domestic equipment within the total investment amount in accordance with relevant conditions stipulated by the State, then 40% of the equipment investment can be deducted from the increased corporate income tax resulting from the procurement of equipment that year.

5) Self-used equipment imported within the total investment amount for productive projects, which fall into the category of the Encouraged Projects of the Catalog for the Guidance of Foreign-funded Industries, are exempted from import duties, value-added tax and consumption tax rising from import, except those listed in the Catalog of Non-duty-free Imported Commodities of Foreign-funded Projects

	Partner Consultant Augusto Bordini got his Bachelor Degree in Economy and Commerce, Universita’ di Ancona in 1986. As expert in International Marketing and Commerce, since 1990 he has been giving support to italian entrepreneurs in the business management and international business development field. Mr Bordini has a long experience with the East European countries and since 1999 he promotes the exchanges and development in PRC. At the present time Mr Bordini sits in the Board of Directors of Ancona Chamber of Commerce in Italy.
	Executive Office manager has a degree in Oriental Languages and Culture (Chinese) at the 'La Sapienza' University in Rome. He understands German and French and speaks fluently English and Chinese, thanks to many advanced language courses in Beijing and Kunming. He has worked for many years in the restauration field, both in Italy and abroad, and lately he had many cooperations with italian companies in China as interpreter, quality controller and commercial mediator. In Xiamen he cooperates with Chinamultiservice as consultant for Italian companies requiring a service specifically on check and assistance.
	Senior Consultant Zeng Yan (Tilly) has been working in the branch office since the opening in march 2007. She has a degree in International Economics at Yang En University. She speaks fluently English and has rich experience in international trading, especially in sourcing, exportation and company set-up. Tilly is expertizing in collecting documents for new companies’ set up and is following projects in the education area as well as in the textile field.
	Junior consultant Ye Shiwang (Paul) has a degree in International Business at the Xiamen University of Technology. He takes care of sourching operation, HR and location research for new Representative Offices and is following direct investment projects in the food area in Xiamen. Paul is also taking care of the main accounting operations in the office.