China WFOE Formation Service
Hotline: 86-755-82147392, Email:info@citilinkia.com
The Wholly Foreign Owned Enterprise, abbreviated WFOE, is a common investment vehicle for mainland China-based business. Food and Beverage (F&B) industry is growing rapidly in China. The Chinese F&B industry has been growing at an estimated compounded annual growth rate of 30% during the past decade. The increasing demand for new products and services fascinates foreign entrepreneurs to enter the Chinese market.
Reasons for Setup of China WFOE
Since the consumption in China has been rapidly increasing, the local food production has not been able to keep up with demand, which has led to China to become a net importer of the food and F&B products. Additionally, the constant exposure of domestic food products has driven consumers to favor imported products. Therefore, China holds a lot of opportunities for these F&B companies.
Food and Beverage WFOE Setup
Food and Beverage Company is basically a WFOE that has a Food and Beverage License. You may contact us for more information and we can send you a Proposal.
Processing Time
The Holding Company registration for a Food and Beverage Company takes approximately 30-40 days. The duration of Food & Beverage License registration varies according to your business scope.
Contact Us
If you have further queries, don’t hesitate to contact ATAHK anytime, anywhere by simply visiting ATAHK’s website www.3737580.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143512, or emailing to anitayao@citilinkia.com.