Forming Companies

»

China Company

»

Wholly Foreign Owned Enterprise

Setup Key Points
  • Shop around in China to decide where to form the WFOE (WOFE) because it seriously affects
    • the minmum capital
    • the tax rate
    • the operation efficiency
    • the amount of profit allowed to be "exported", etc.
       
  • Select professional service company to handle application because all steps and documentation may have profound effect.
     
  • A legal representative needs to be appointed who is the ultimate person taking up all responsibility of the WFOE.
     
  • All the documents submitted to the government authorities must be conducted in CHINESE language.
 
 
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