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set up business in China

Update Date:2019-10-22 9:32:11     Source:www.3737580.com     Views:537

China Business Set up

Hotline: 86-755-82147392 Email:info@citilinkia.com

Wholly Owned Foreign Enterprise (WOFE/ WFOE)

Capital provided completely by one or more foreign investor .Can use foreign currency, machinery, equipment, intellectual property rights and proprietary technology as the investment .Profits can be remitted abroad .Independent operation and management .Most restricted business structure due to limited domestic market access. China WFOE

 

Equity Joint Venture (EJV)

Formed by foreign investors and Chinese enterprises (excluding individuals) .A minimum of 25% of registered capital from foreign investors .Can use foreign currency, machinery, equipment, intellectual property rights and proprietary technology as the investment whilst Chinese investor may also contribute land use rights and buildings

 

Co-operative Joint Venture (CJV)

The investment can be based merely on contracts between foreign and Chinese investors; no co-operative form is necessary unless the JV meets the requirements of a legal person so it can constitute itself as an independent entityBoth parties will usually set up a joint management committee consisting of representatives from each partyThe ratio for the distribution of profits can be freely set and does not need to be relative to capital contribution

 

Representative Office(RO) 

Not permitted to engage in direct profit-making activities i.e. not permitted to issue invoices for sales, accept payment for goods or contract for sales in the name of the home office. Doing Business in ChinaOpening a business bank account in China
 

Contact Us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82148419, 86-755-82143512, or emailing to info@citilinkia.com.

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