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Wholly Foreign Owned Enterprise

China Company formation

How to expand your business to China by setting up Wholly Foreign Owned Enterprise.

No Real Office Needed
No Registered Capital Required
No Need to Visit China
Set-up in 30 working days
EXCLUSIVE TO CORPORATION CHINA

 

Welcome to China

Joyce Li MISS UNIVERSE

 

China WFOE Company Formation

A Wholly Foreign Owned Enterprise (WFOE) can be incorporated to conduct general business activities in China
It gives foreign investor complete control of the day to day business and decision-making without any compulsory involvement from a Chinese partner.

A Wholly Foreign Owned Enterprise (WFOE) is the quickest method to get a business license in China. Once incorporated, companies can begin to conduct general business activities in China. Find out how China company registration can work for your business.

What is a WOFE ?

Under Chinese law, a Wholly Foreign Owned Enterprise is a limited liability company that is fully owned and capitalized by foreign investors (You) and operated without a local (Chinese) partner.

This provides you with greater control over your business’s operations, revenue and profit targets.

Since it is a separate legal entity, it also limits your liability to the contributions made to the registered capital of the WOFE.

A WOFE is a favorable option for an American company that wants to enter the Chinese market.

Advantages of a Wholly Foreign Owned Enterprise

 

Formation of a China Company does not require a large overhead investment.
  • A WOFE can be incorporated to conduct general business activities in China
  • It gives foreign investor complete control of the day to day business and decision-making without any compulsory involvement from a Chinese partner.
  • It can engage in any business activities, issue invoices to clients, receive RMBs, convert profits into foreign currency, and repatriate them.
  • It is the most effective way of protecting trademark technical information and trade secrets.
  • It provides complete authority regarding the hiring of staff,and does not require you to hire Chinese staff.
  • A Wholly Foreign Owned Enterprise requires either one director of foreign nationality or a holding company located in Hong Kong to act as an investor.
N

Remittance of Profit

Able to convert RMB to US dollars and remit outside of China

NO Registered Capital

No Injected Registered Capital required

30 Days Registration

The registration of a China Company takes about 30 working days to be done

100% Foreign Owned

A China WOFE is 100% owned, capitalized, and operated by foreign investors

3 steps to formate your company in China

China Law Firm


1. ChooseCompany Type

5
China Law Firm


2. Choose Location

5

Contact us

+ submit the required documents

Setting up a Chinese Company

When setting up a  company in China, there are numerous things to consider and hence it is important to seek appropriate legal help. Corporation China has developed unparalleled expertise in this area and can provide you with everything necessary to set up your consulting company.  Corporation China offers first-class solutions to all of the following requirements.

Registered Office address

A Registered Address is a good way to register your Chinese Company as you do not need to rent an expensive office. It is legally required to have an address to perform a WOFE company registration in China.

You do not require a real office  there’s no need for a real office, Corporation China can provide a registered address for  the lifetime of the company to register your company in China

Corporation China is the ONLY company that can supply a China WFOE Registered address that will be the PERMANENT Legal address of your company.

 Corporation China’s board of directors were the responsible team for creating the registered address concept in China.

Registered Capital

The Registered capital requirement is the amount of capital required to operate the business until it can break even. China used to require minimum registered capital for WOFEs but changed its policy to promote direct investment in certain zones.

Thier is no paid-up capital required when you register with Corporation China.

  • Corporation China can Guarantee Bank Account for all our clients.
  • Corporation China is the Largest Foreign Direct investment firm in Asia Pacific.  [wikipedia]
  • With offices in 44 locations across China, our nearest office is never far away.

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OUR TURNKEY SOLUTIONS FOR BUSINESS IN CHINA

Contains everything you need to easily start your company so that you can concentrate on DOING BUSINESS!

Company Bank Account

Due to existing restrictions on international money transfers in China, your mainland-based clients will only be able to pay you within China. Therefore, a bank account in which local companies can transfer you Chinese RMBs is necessary.

Tax Invoice

Chinese companies put a lot of trust in the government and the Chinese legal system. Hence, they are very likely to inquire whether your company is registered in China. This is a way for them to establish the legitimacy of your business and to ensure that you can provide them with a tax invoice locally referred to as a Fapiao.

China Trademark

The Chinese trademark registration system is based on a first come first serve basis. Hence, it is important to register your brand’s trademark and logo in China as early as possible. Having an international trademark is not helpful as a foreign trademark are not enforced in China.

Marketing

You should also consider localizing your marketing by using colors and slogans that appeal to Chinese consumers. Having a slogan in Chinese will also help Chinese customers get a better understanding of the strength and appeal of your brand. Above all, Corporation China in partnership with Brand Asia, offers proven solutions to help you tailor your marketing plan to the Chinese market.

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What can a WFOE Company be used for?

China company formation

The registration of a China Company takes about 30 working days to complete. Its use can vary among many different operations in China. For most cases, the ideal way to register your company is as a Limited-Liability type company called Wholly Foreign Owned Enterprise. Also abbreviated as WFOE, WOFE or foreign-invested enterprise (FIE). A WOFE is a commonly used investment vehicle for mainland China-based businesses.

Ownership

Wholly Foreign Owned Enterprise may be capitalized by foreign investors and operated without the need for Chinese partners or employees. It will provide you with greater control over your business’s operations, revenue and profit targets. A WOFE is a favorable option for both individuals or overseas company that wants to enter the Chinese market.

100% Owned by Foreign Investors

Protects Intellectual Property& Trademark

Are You Ready

To Start Your Business In China

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AVA ZHOU

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Ava's expertise is in Brands entering China and strategy. She has a legal and Marketing background  

She speaks English, Chinese and "Australian"

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CONTACT

 

Email            info@corporationchina.com

China            +86 (0) 21 3606 8295 (CN)
Tollfree          400 6789 632 Tollfree CN)
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UK                  +44 (0) 20 8638 8814 (UK)
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Russia             + 7 (499) 5770299 (RU)
South Africa     +27 (0) 21 825 9991(RSA)

 

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