shanghai WFOE registry
86-21-68877368
Shanghai Company Registry is the biggest part of China Company Registration. Many foreign investors have chose to registry company in Shanghai. For that, you need us - a professional company registration agency. For more services we provide, you can find out through the following informations.
Choosing a parent company
Some companies use their main trading entity as the holding company when registering a WFOE in China. Others prefer to use the owners or the directors to directly own the WFOE. Another option is to set up holding entities in an offshore jurisdiction, such as Hong Kong or the British Virgin Islands. Making the decision between these different options often involves complex considerations of issues like tax, ownership, anonymity, and future legal planning of the business – such as future rounds of investment in the company. This can mean companies make minimal progress in the WFOE registration process for months.
Business scope
One of the oddities of registering a WFOE in China is that it must have a clearly defined scope of business. Operating outside the specified scope of the WFOE is not permitted.
Some companies find themselves agonising over all the potential lines of business they may want to move into in the future when opening the business in China. There is the additional uncertainty of whether they will be approved for all of those lines of business when you submit the applications to register the company in China. The process involves a degree of guesswork and back and forth on behalf of the WFOE registration agents.
Be aware that it is possible to add business scope at a later date; this decision is not terminal. Work with the agents to put together a sensible list based on anticipated business scope for the first 1-2 years, including only items that are likely to be approved.
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