Shanghai WFOE Registration
Shanghai hotline: 021- 68877368
Register a WFOE in shanghai is also called Shanghai WFOE registration .Shanghai is an international financial metropolis all over the world.If you can take full advantages of good opportunity of Shanghai and jump into the block of large platforms, you will get more extensive development space.
Shareholder 、Director、supervisor and legal representative of the company
1）Shareholder:one or more than one 18 years old foreign natural or legal persons( inculding hongkong,macao and taiwan)
2）Director :can be foreigner or Chinese;
3）Supervisor :whether Chinese or foreigner can hold this position, if only one shareholder, should also provide supervisor).
Advantages of WFOE
The advantages of incorporation a WFOE, compared with other types of enterprises, include, but not limited to:
Independence and freedom to implement the worldwide strategies of its parent company without having to consider the involvement of the Chinese partner;
Ability to formally carry out business rather than just function as a representative office and being able to issue invoices to their customers in RMB and receive revenues in RMB;
Capability of converting RMB profits to US dollars for remittance to its parent company outside of China;
Protection of intellectual know-how and technology;
For Manufacturing WFOE, no special requirements for Import / Export license for its own products;
Full control of human resources
Greater efficiency in operations, management and future development.
Processing Procedures:
1. Handling Procedures: check the name (Commerce and Industry Bureau) - articles of association - investment approval and approval certificate (Foreign Economy Commission) - business license (Commerce and Industry Bureau) - filing and production of seals, financial seal, legal representative seal ----put on record (tax bureau) - foreign exchange business registration certificate (bank);
2. Client Process: signing a power of attorney - advance payment - get Shanghai Company documents - foreign exchange business registration certificate (Bank) - open verification account, basic account - Remit registered capital(according to the actual situation );
Contact Us
For further queries, please do not hesitate to contact Tannet at anytime by calling
Shanghai Hotline: 021-68877368, 18101640557
Fax：58402186
E-Mail: hkcfm-shanghai@163.com
Address: Block F, 15th Floor, World Plaza, No.855 South Pudong Road, Pudong New Area, Shanghai