Registering Shanghai WFOE Time
86-21-68877368
The time for registering a wholly foreign-owned company in Shanghai is about 2 months. If the shareholder information is ready, it may save some time.
Wholly Foreign-Owned Enterprise (WFOE) is, by far, the favorite entity for foreign investors looking to set up a company in China. Representative Offices may offer cheap and easy way to feel Chinese trends, Joint-Ventures may give you a privileged access to the market, but WFOE are the only way for a foreign investor to have full control on its operations in China.
Document preparation
A long list of company documents must be prepared including company license, accounts and tax certificate when setting up a company in China. Not only do the documents need to be prepared, but they also need to be legalised and notarised, which can involve a lengthy process of liaison with solicitors and the Chinese embassy in your country. For some companies, getting access to these documents and finding people to visit the Chinese embassy for notarising proves significantly time-consuming. Set aside sufficient time and resource to implement this.
WFOE'S Specialty
1.The investment of the enterprise are a hundred percent owned by foreign investor except the real estate, no Chinese investors participated. A enterprise can be wholly owned by one foreign individual or joint owned by several foreign investors.
2.Independent operation, no Chinese party participate in operating management. Enterprise operate in accordance with approved AOA and without interference.
3.Self-sustaining. Profits ( after tax) of the enterprise is wholly dominated by investors. Give notice and do the liquidation process in accordance with relevant law in time after the termination of the enterprise.
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