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
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CHARACTERISTICS AND TOPICS | CHINA | VLORA |
Geographic Location | China is located in Asia |
Vlora is located in Europe front to Italy in an strategic location for easy shipment and connections
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Business staff languages | Chinese and English |
English, Italian, Spanish, German, Greek, Turkish, French and Albanian.
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Manufacturing Workers languages | Chinese |
English, Italian, Spanish, German, Greek, Turkish, French and Albanian.
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Skilled technitians languages | Chinese |
English, Italian, Spanish, German, Greek, Turkish, French and Albanian.
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Manufacturing facilities | Available in join venture |
Available for foreigners
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Logistics | Worldwide from Chinese's port |
Worldwide from European's port
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Cost for New company Registration | RMB 8000 = Euro 967 = US $ 1263 | Euro 785 = US $ 1021 (* until June 30, 2012) |
Cost of Company Maintenance | RMB 6000 = Euro 726 = US $ 947 / year | Zero |
Minimum Company Bank account deposit | RMB 150000 = Euro 18140 = US $ 23691 | Euro 50 = US $ 65 |
Cost of manufacturing workers |
RMB 3500 = Euro 423 = US $ 552 / month (plus insurance)
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Euro 250 = US$ 327 / month (insurance included)
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Cost of skilled technitians | RMB 7000 = Euro 846 = US $ 1105 / month |
Euro 500 = US$ 650 / month
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Office Rent Cost in Beijing or Shanghai | RMB 20000 = Euro 2418 = US $ 3158 / month |
Euro 500 = US$ 650 / month
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Cost of industrial land (35 years) | RMB 840 = Euro 101 = US $ 132 / square meter |
Euro 30 = US$ 39,30 / m2 (35+35 years)
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Cost of Virtual business office | Not available in China |
Euro 300 = US$ 393 / month
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Cost of Call center | RMB 8000 = Euro 967 = US $ 1263 / month |
Euro 350 = US$ 455 / month
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Goods shipment time to Europe | 40 days by Sea Freight - 7 days by Air Freight |
5 hours by sea freight (to Italy) - 1 hour Air Freight
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Customs taxes in Europe | from 9 to 100% it depends of products |
1% for semi-finished products from Vlora to Italy
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Annual corporation Income taxe | 25% of Annual profit |
10% of Annual Profit (Incoming less Expenses)
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Quality of life | Asian style | European style in vacations environment |
Raw material suppliers | mainly from China | From European countries and China |
Manufacturing vendors | Chinese vendors | Qualified Vlora and European vendors |
Business centre to help investors | Not available |
Professional staff to support each investors before, during and after start doing business in Vlora
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Tax benefits for Industries | Not anymore | Only 10% of annual profit |
Manufacturing facilities | Not available in main cities |
Industrial park Available
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Type of food | Chinese food |
European, olive oil, pasta, fish, wine, cheese,... Meditteranean diet food
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