Email:
info@business-inchina.com
Telephone
0086-21-31404866 / 86-13764028336
Registrating a Wholly Foreign Owned Enterprise
There are many benefits when placing a WFOE in Free Trading Zones, like the advantages their tax policies give you to export products to another free trade zone without incurring in any tax, as long as you pay due tax when your product is sold.
As we already mentioned there is no need to have registered capital or go to China, and it can all be done in a month.
Required documentation
Requirements for individuals:
We need only your passport, 2 copies of the investor’s passport certified by the Chinese embassy or consulate are okay, but some places in China might receive only your passport so you are welcome to ask us which.
For enterprises: Requirements for companies:
1. 2x Certificate of Incorporations, Articles of Formation or Equivalent document certified by Chinese embassy or Chinese consulate overseas.
2. 2 Letters of reference issued by the bank of the investor
3. A copy of the passport of the director of the mother company, the legal representative in China and the supervise of the company in China
4. 6 pictures of the legal representative in China (with a size of 2 inches) and a short resume
6. Range of activities
7. 8 potential names in Chinese for the China based company
8. An address for the office in China, 2 copies of the rent contracts, 2 certificates of ownership of the premise, 2 copies of the ID of the premise owner and 4 copies of the letter of authorization
Company Types
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Consulting company |
Foodstuffs |
A WFOE dedicated to consulting services can provide consulting, manage restaurants, provide foreign investment consulting services and more, it’s a jack of all trades type of company. |
A foodstuffs WFOE can operate restaurants, cake shops and can also engage in food importing activities. |
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International Trade |
Manufactoring Company |
This type of company can engage in one of the largest markets in China: International trade, you can either import products to sell locally within China or export them to sell all around the globe. The license for this type of company can be acquired in 30 days. |
This type of company can be utilized to expand your supply chain and overviewing logistics and product sales internationally. |
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Joint Venture (JV) in a Free Trade Zone |
Joint Venture (JV) |
This type of company refers to a company established in a Free Trade Zone within China, the benefits include tax returns, imports without tax, and more. |
A Joint Venture is a business which involves cooperation and agreement between two or more participants to a create a new company with the commitment of sharing expenses, be accountable together, and sharing gains and losses. |
Email:
info@business-inchina.com
Telephone
0086-21-31404866 / 86-13764028336
Everything you need to easily start your company the right way.