Thanks for investing your time answering me. It looks like a local (non-foreign invested) company is a good option. Will RMB 100,000 entitle the company to have "Export Right", and thus entitle the company to receive tax refund? Any idea what the refund percentage for tools (non-electric) is? How long it takes to receive the refund?
This past year, I imported about $150K worth of products to be distributed in U.S. If I can receive 10% of tax refund, It should make sense to set up a trading company in China for the benifit of future business.
