Shanghai FIPE/Partnership Enterprise Formation
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FIPE stands for Foreign Invested Partnership Enterprise, which is an entity owned by the foreign investor(s) and Chinese investor(s). The Foreign Invested Partnership Enterprise (FIPE) is a unlimited liability business entity without minimum requirements on registered capital.A partnership in the People's Republic of China is a business entity governed by the Partnership Enterprise Law passed by order of the President of the People's Republic of China to authorize and govern partnership enterprises. A partnership is a type of business entity in which partners share with each other the profits or losses of the business undertaking in which all have invested.The foreign and Chinese investors both refer to individuals (including Hong Kong, Macau and Taiwan).
Different types of Shanghai Partnership Enterprise
1. General partnership Enterprise (GPE): A general partnership enterprise may be formed by general partners who bear unlimited joint and several liabilities for the debts of the partnership. The general partners share unlimited liabilities for the debt of the partnership.
2.Limited partnership enterprise (LPE): A limited partnership enterprise is formed by a combination of general partners and limited partners where the limited partners bear the liabilities for the partnership's debts to the extent of their capital contributions.
3.Special General Partnership enterprise (SGPE): A special general partnership enterprise resembles a general partnership except that it must be a professional service institution offering services requiring professional knowledge and special skills. The structure shields co-partners from liabilities due to the willful misconduct or gross negligence of one partner or a group of partners. It is very similar to limited liability partnership in Europe and America.
In Shanghai ,it is not suggest to have fartnership Enterprise Formation.Because there are somerequirements for foreign investors. And it is allowed for a Chinese individual and a foreigner to form a limited libility company .That would be easy to register a limited company in Shanghai.
Contact Us
If you have further interest Shanghai Partnership Enterprise and the queries, don’t hesitate to contact us at 86-755-82148419 or emailing to susiehu@citilinkia.com or 2355725085@qq.com