Shanghai Hotline: 021- 68877368
Tel (Wechat): +86 18101649652
Shanghai is located on the western coast of the Pacific Ocean and at the central section of the north-south coastline of China. She is the largest consumer market among all mainland cities, supported by the rising income level and massive inflow of tourists.
Shanghai WFOE
The WFOE is short for Wholly Foreign Owned Enterprise. It is a limited liability company 100% controlled by foreigner shareholders. Also abbreviated as a WOFE, which is a commonly used investment vehicle for mainland China-based businesses. 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. It’s generally preferred over other types of companies to start your company in Shanghai.
Shanghai RO
Compared with WFOE, RO is easier to be setup with limited business scope. A Representative Office in China, also known as a ‘RO’ or a Resident Representative Office of Foreign Enterprises in China, is basically a resident representative office of a foreign business that’s operating within China. Representative offices of foreign enterprises can only engage in indirect business activities within the territory of China, and conduct business activities such as liaison, product promotion, Market Research and technology exchange on behalf of foreign enterprises within the scope of business. Foreign capital or foreign representative office is not an independent legal entity, so it can not carry out direct profitable business activities.
Shanghai JV
A Joint Venture is a business arrangement in which the participants create a new business entity or official contractual relationship and share investment and operation expenses, management responsibilities, and profits and losses.The Chinese authorities encourage foreign investors to use this form of company in order to obtain exposure to advanced technology and new management skills. In return, foreign investors can enjoy low labor costs, low production costs and a potentially large Chinese market share. Joint Ventures are sometimes the only way to register in China if a certain business activity is still controlled by the government. e.g. Restaurants, Bars, Building and Construction, Car Production, Cosmetics etc.
Contact Us
For further queries, please do not hesitate to contact ATAHK Group Limited Shanghai branch at anytime. ATAHK will provide tailored solutions for you with our 20-year professional experience.
Hotline: 021-68877368 (24h) Mail: 3001945826@qq.com
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Address: Block F, 15th Floor, World Plaza, No.855 South Pudong Road, Pudong New Area, Shanghai.