Vardeco SA Joins Swiss Center Shanghai
Vardeco SA (www.vardeco.com) is specialized in manufacturing screw-machined parts in copper alloys destined to the electronic industry. With more than 20 years of experience as well as extra-fast, custom-made production units, Vardeco SA is able to manufacture a yearly volume of more than 1 billion parts, of which 95% is exported world-wide. Vardeco SA has rent SCS instant office since September 2008 and will soon register a trading company in Shanghai.
LNS SA Opens New Production Plant in China
LNS SA (www.lns-group.com) is world leader in bar feeding with more than 100’000 of them installed worldwide. It has more than 700 collaborators and seven production facilities located in North America, the UK, Taiwan, China and Switzerland. LNS SA has put into operation a new production facility in Wujiang, a city between Shanghai and Suzhou, which is now producing products tailored for the Chinese and Asian market.
Preferential VAT Treatment for SCS Members
SCS has received confirmation from the tax bureau in Xinzhuang Industrial Park that Swiss Center Companies opening a Foreign Invested Commercial Enterprise (FICE, usually called “trading company”) will receive preferential treatment in Minhang in terms of VAT (Value Added Tax) payer status, allowing companies to issue normal VAT invoices with a registered capital of RMB 1 Million (The normal amount in Minhang is RMB 5 Million.). The status will be granted to Swiss Center Members only.
SCS Providing New Instant Office
In order to serve more potential clients, SCS is now offering two additional independent offices located within SCS’s main premises in Xinzhuang Industry Park. They are perfectly suited to set up an office or trading company in Shanghai and to make the first steps on the Chinese market.
SCS provides a variety of office spaces starting from open desks to small, middle and large independent office rooms. The usual rental fees include:
- Office furniture (desks, chairs, cabinet, etc.)
- Utility fees (i.e. electricity, air conditioning, toilets, drinking water supply)
- Office cleaning service
- Independent phone line (excl. communication fees)
- Free broadband internet connection access
- Office decoration
- Access to business machines
- Free access to shared public conference rooms
Meanwhile, client can also use SCS employee hosting service, which is the best solution to start and test the market without the investment of registering a legal entity in the first place. The SCS provides a recognized address and actual office space for a first staff and initial activities. In this way clients may begin with market understanding, channel development, after sales services or supplier selection, purchasing and quality control.
SCS and its experts take responsibility for the following:
- Payment of the employee’s salary and social welfare payment
- Managing the employee’s petty cash, expenses reimbursement according to agreed budgets
- Coaching on administrative issues
- Bridging gap with staff due to cultural or other misunderstandings and maintain confidence between HQs and employees
- Laying-off of employees upon notice and negotiation of laying-off costs
- Monthly accounting of costs
Visits to SCS
Mr. Claudio Mazzucchelli, Head of Swiss Business Hub in China, accompanied by Mrs. Yibei Zhang, Head of Swiss Business Hub Shanghai, visited SCS on 21st Nov. Both Business Hub and SCS have agreed to further the relationships and cooperation to facilitate and serve the Swiss daughters’ exploration of the Chinese market.
Dr. Thomas Staehelin, President of the Basel Chamber of Commerce, visited SCS offices, workshops and Swiss Machinery Center on 25th Nov.
On 25 Nov. Dr. Thomas Staehelin visited Jansen’s (one of SCS members) training and exhibition center in Xinzhuang Industry Park.
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