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AmCham Interviews PTL Group Founder Zvi Shalgo

Posted by Michael Wilder
Michael Wilder
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on Monday, 20 April 2015
in Business in China

April 10th – Shanghai

PTL Group of Companies’ Founder and Chairman, Zvi Shalgo, sat down at the American Chamber of Commerce in Shanghai for a journey into the past.  The one-on-one interview about Zvi’s “Made in China” experience was for a new podcast series chronicling the lives of some of China’s most interesting and successful business men and women. 

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The True Cost: Maintaining a Wholly Foreign-Owned Enterprise in China

Posted by Michael Wilder
Michael Wilder
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on Sunday, 19 April 2015
in Business in China

Set Up Costs

To register a WFOE in China, there are set up costs that you just cannot get around. Often times for SMEs, this reality drastically increases the financial risk of entering the market.  The good news is however, other options exist that allow foreign companies to begin operations immediately upon signing a contract agreement with a local partner.  To get more information on that topic, perhaps you'd be interested in my last article here.

Realistically, the time required for registration - to gather all the necessary paperwork, translate it when appropriate, etc, submit it to Chinese authorities, and wait for all the approvals - is at least 6 months.

To Sell in China, Save Time and Money: Don’t Register a Legal Company

Posted by Michael Wilder
Michael Wilder
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on Sunday, 19 April 2015
in Business in China

Small and Medium-sized Companies

You've decided it’s time. The Chinese market, with its vast size and impress growth history, can no longer be ignored as a place of doing business, capturing customers and establishing real market share. With the sheer size, history and land area that comes with the Chinese territory, it is no wonder that Chinese cultural traditions, norms and expectations abound and have permeated into its business practices. As a result, a level of business complexity exists here that is often a confusing amalgamation of Western influence, ancient Han Chinese tradition and local, modern mixed economic regulations instituted by the One Party system. Indeed, China is a place where businesses go to either thrive or die.

The first meeting of the China Business Club in Israel

Posted by Andrea Cristancho
Andrea Cristancho
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on Tuesday, 24 March 2015
in Business in China

Many Israeli exporters face challenges in the Chinese market, and with a variety of issues numerous specific questions arise. With the environment changing quickly there is a constant need to catch up and find out about best practices for doing business in China.

So this year – its PTL Group’s 15th anniversary of doing business in China – we established a forum for active managers of Israeli companies operating in the Chinese market, where it was possible to discuss the small details and particularities of doing business in China. This is of major importance since these "little details" crucially affect bottom line results at the end of the year.

Taditel's ribbon cutting ceremony at CI3

Posted by Andrea Cristancho
Andrea Cristancho
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on Wednesday, 28 January 2015
in Business in China

On Jan. 22 the automotive modules manufacturer Taditel celebrated its ribbon cutting ceremony at the industrial incubator CI3's facilities - a PTL group affiliate company; Taditel managers warmly welcomed their guests to the event with a traditional Chinese Lion dance performance and took them on a tour through the facilities.