Shenzhen WFOE Formation Service
Hotline: 86-755-82143348, Email: amyhuang@citilinkia.com, Wechat: 13530066130
China WFOE formation is also called China WFOE setup, China WFOE registration, China WFOE incorporation and China WFOE establishment.
China WFOE is short for China Wholly Foreign Owned Enterprise (WFOE or WOFE) is a Limited liability China company wholly owned by the foreign investor(s). In China, WFOEs were originally conceived for encouraged manufacturing activities that were either export orientated or introduced advanced technology. However, after China's entry into the WTO, these conditions were gradually abolished and the WFOE is increasingly being used for service providers such as a variety of consulting and management services, software development and trading as well. With that, any enterprise in China which is 100% owned by a foreign company or companies or foreign individuals can be called as WFOE or WOFE.
China WFOE formation-Different Types of China WFOE
There are different types of China WFOE for foreign investors to select when they do the China WFOE registration; the types are defined in accordance with the different business activities.
If the WFOE only be allowed to manufacture here. We can say its manufacturing WFOE.
If the WFOE is allowed to do Consulting & Service, we call them Consulting WFOE.
If the WFOE is allowed to do Trading, Wholesale, Retail or Franchise in China, we call them Trading WFOE or FICE (Foreign-Invested Commercial Enterprise)
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China WFOE formation-Business Scope of China WFOE
According to WFOE regulations, "Foreign investors are permitted to setting up a 100% foreign owned enterprise in industries that are conducive to the development of China’s economic
Contact Us
For further queries about investment in China, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82143348, or emailing to amyhuang@citilinkia.com.