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Documents Required to Set up a WFOE in Shenyang FTZ

Update Date:2018-3-9 11:04:30     Source:www.3737580.com     Views:782

Shenyang WFOE Incorporation Service
Hotline: 86-755-82143348 Email: anitayao@citilinkia.com

Documents Required to Set up a WFOE in Shenyang FTZ---Concept of WFOE
Wholly Foreign Owned Enterprise (WFOE), also known as Wholly Owned Foreign Enterprise (WOFE), is a limited liability company, the establishment of which is governed both by the Company Law of PRC and Law of the PRC on Enterprises Operating Exclusively with Foreign Capital.


A WFOE can engage itself in approved business activities and issue tax invoices on its own. It is a corporation and a tax resident. All shareholders of WFOE should not be Chinese nationals.


Documents Required to Set up a WFOE in Shenyang FTZ---Documents required for company set up in Shanghai
The applicant should complete "Form for Establishing Wholly Owned Foreign Enterprise" and submit together with the following documents:
1.An application duly signed by the chairman of the board or general manager of the foreign enterprise with the following details: name of the WFOE, name of the legal Representative, scope of business, duration and address, etc;


2.Statutory documents of the parent company issued by the authorities of the country or region of origin; e.g. Constitution, Certificate of Incorporation, Business Certificate, Tax Certificate


3.A letter, known as Bankers' Reference Letter, issued by a bank which has business relations with the applicant certifying its financial and credit standing;


4.The list of Legal Representative and her/his curriculum vitae.


5.A feasibility report

 

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