Now, in the technologically advanced Shenzhen, how difficult is it to open an internet company:

1. First, rent a legitimate office building, residential-commercial won't do, and starting in a garage is impossible;

2. Install broadband and a landline (registration has requirements), do some minor renovations, buy some tables and chairs (usually the previous tenant leaves some behind), you must get a sign, fire safety will be troublesome;

3. Prepare 500,000 in registered capital, which must be genuinely deposited, and after the company is established, it cannot be withdrawn, only used for company expenses;

4. At least 2 shareholders and one supervisor, none can be limited height, and if it involves high technology, relevant highly educated personnel are required;

5. Obtain a business license, tax registration, social security registration, an accountant must have a certification registered with the tax bureau (can be entrusted to a tax filing company);

6. Open a basic account, the bank will need to conduct an on-site assessment and will make it difficult;

7. Various recruiting, now they must provide five insurances and one housing fund, pay full taxes, dismissals require N+1 compensation, once a labor contract is signed, the boss is considered to have hired a master, employees looking for faults will win 100% at the labor department, no exceptions!

8. Provide computers for employees, except for clerical, programmers mostly use Apple laptops, local servers, cloud servers;

9. Various qualifications, the website requires an ICP certificate, if it involves games, entertainment, live broadcasting, e-commerce, a whole bunch of certificates need to be obtained;

10. If creating a game, making some fun beans, or charging for content, you'll quickly find yourself in deep trouble! If you dare to touch the cryptocurrency circle, just wait for the entire company to be taken away!

11. After three months of opening, realizing the track is wrong and not making any money, the boss and shareholders can only personally transfer money into the company account, but can only deposit, not withdraw; savings are allowed, but withdrawals are not;

12. Unable to pay salaries, can't afford rent and utilities, the boss first sells the car, then the house, gets a divorce, and hopes for a miracle!

13. In the end, the company goes bankrupt, employees sue, the leader faces limitations, and it all ends here!

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