Establishing a Business in China, can seem a difficult job, but if you want to access to 1.3 Billion People then its such a big market to miss out on
We have enabled many international companies to establish strategies, setup organisation, and effectively permeate the Chinese market, working with many clients from over 15 countries, Fortune 500 business, through its 10 years of experience in the Chinese market. We offers a Turn Key Solution from Registering your Company, figuring out the virtual address and looking after your company Tax and Accounting, so that you can focus on your core company
A Wholly Foreign Owned Enterprise (WOFE) is a restricted liability company suggesting that the liability is that of the investors
Establishing a Wholly Foreign Owned Enterprise does not require a big overhead financial investment it in it creates an independent business that can participate in profit-making in China
The Wholly Foreign Owned Enterprise can be incorporated to conduct basic service activities in China, specified by the scope of service.
An Wholly Foreign Owned Enterprise enables the foreign financier complete control of the daily organisation and decision-making without thinking about any Chinese partners
A WOFE likewise can officially take part in any organisation activities and concern billings to customers and get RMB and transform profits into foreign currency and repatriate them.
The Wholly Foreign Owned Enterprise is the most effective method of securing trademark technical details and trade secrets and it enables total authority regarding hiring of staff, however is not required to employ Chinese staff.
The Wholly Foreign Owned Enterprise only needs one director of foreign citizenship, that could serve as the investor or a Hong Kong or overseas company can be used.
Setting up a Company in China
The registration of a Wholly Foreign Owned Enterprise is simple, Wholly Foreign Owned Enterprise, abbreviated WFOE or WOFE is the apparent and very first option for foreigners aiming to do business in China.So what specifies a WFOE? The unique feature of a WFOE is that the entity is 100% owned and capitalized by foreign investors and running without a local (Chinese) partner. This preserves higher control over your organisations operations, targets and profits of the company, allowing the mother company to focus on its own operations. WFOE is the beneficial choice for an overseas business that wants to completely incorporate into mainland China.