THE MADE IN CHINA VS. MADE IN VLORA

Comparing Made in China with Made in Vlora
MAIN DIFFERENCES BETWEEN BUSINESS RELOCATION IN CHINA AND BUSINESS RELOCATION IN VLORA
CHARACTERISTICS AND TOPICSCHINAVLORA
Geographic LocationChina is located in Asia
Vlora is located in Europe front to Italy in an strategic location for easy shipment and connections
Business staff languagesChinese and English
English, Italian, Spanish, German, Greek, Turkish, French and Albanian.
Manufacturing Workers languagesChinese
English, Italian, Spanish, German, Greek, Turkish, French and Albanian.
Skilled technitians languagesChinese
English, Italian, Spanish, German, Greek, Turkish, French and Albanian.
Manufacturing facilitiesAvailable in join venture
Available for foreigners
LogisticsWorldwide from Chinese's port
Worldwide from European's port
Cost for New company RegistrationRMB 8000 = Euro 967 = US $ 1263Euro 785 = US $ 1021 (* until June 30, 2012)
Cost of Company MaintenanceRMB 6000 = Euro 726 = US $ 947 / yearZero
Minimum Company Bank account depositRMB 150000 = Euro 18140 = US $ 23691Euro 50 = US $ 65
Cost of manufacturing workers
RMB 3500 = Euro 423 = US $ 552 / month (plus insurance)
Euro 250 = US$ 327 / month (insurance included)
Cost of skilled technitiansRMB 7000 = Euro 846 = US $ 1105 / month
Euro 500 = US$ 650 / month
Office Rent Cost in Beijing or ShanghaiRMB 20000 = Euro 2418 = US $ 3158 / month
Euro 500 = US$ 650 / month
Cost of industrial land (35 years)RMB 840 = Euro 101 = US $ 132 / square meter
Euro 30 = US$ 39,30 / m2 (35+35 years)
Cost of Virtual business officeNot available in China
Euro 300 = US$ 393 / month
Cost of Call centerRMB 8000 = Euro 967 = US $ 1263 / month
Euro 350 = US$ 455 / month
Goods shipment time to Europe40 days by Sea Freight - 7 days by Air Freight
5 hours by sea freight (to Italy) - 1 hour Air Freight
Customs taxes in Europefrom 9 to 100% it depends of products
1% for semi-finished products from Vlora to Italy
Annual corporation Income taxe25% of Annual profit
10% of Annual Profit (Incoming less Expenses)
Quality of lifeAsian styleEuropean style in vacations environment
Raw material suppliersmainly from ChinaFrom European countries and China
Manufacturing vendorsChinese vendorsQualified Vlora and European vendors
Business centre to help investorsNot available
Professional staff to support each investors before, during and after start doing business in Vlora
Tax benefits for IndustriesNot anymoreOnly 10% of annual profit
Manufacturing facilitiesNot available in main cities
Industrial park Available
Type of foodChinese food
European, olive oil, pasta, fish, wine, cheese,... Meditteranean diet food

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