What is Wholly Foreign Owned Enterprise Useful in China?
Hotline: 86-755-82148419, Email:susiehu@citilinkia.com
Wholly Foreign Owned Enterprise(WFOE) is capitalized by foreign investors and operated without the need for Chinese partners or employees,100% owned by foreign investors.
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.
What are the basic benefits for a Wholly Foreign Owned Enterprise (WFOE) in China ?
WOFE can be incorporated to conduct general business activities in China
It gives foreign investor complete control of the day to day business and decision-making without any compulsory involvement from a Chinese partner.
It can engage in any business activities, issue invoices to clients, receive RMBs, convert profits into foreign currency, and repatriate them.
It is the most effective way of protecting trademark technical information and trade secrets.
It provides complete authority regarding the hiring of staff,and does not require you to hire Chinese staff.
What kind of business you may use the Wholly Foreign Owned Enterprise (WFOE) in China ?
A consulting company
Food &beverage trade
Import&export trade company
Manufacturing factory
Contact us
For further queries about investment in Shenzhen, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82148419, or emailing to susiehu@citilinkia.com.