Zhongshan Company Registration
Hotline: 86-755-82147392, Email:info@citilinkia.com
Zhongshan WFOE is Zhongshan Wholly Foreign Owned Enterprises which can be 100% invested by foreigners. The shareholder can be foreign individual or foreign enterprises. As its name suggests, a wholly foreign owned enterprise, also known as a WFOE or WOFE, is a limited liability Chinese company which is invested into with 100% foreign capital and owned by only foreigners.
Wholly Foreign Owned Enterprise Registration
Establishing a Wholly Foreign Owned Enterprise does not require a large overhead investment.
A 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.
A Wholly Foreign Owned Enterprise requires either one director of foreign nationality or a holding company located in Hong Kong to act as an investor.
Registration process:
1. Checking Enterprise Chinese name by Industrial and Commercial Bureau.
2. Prepare the Articles of Incorporation and other docs.
3. Registered by the Industrial and Commercial Bureau
4. Business license and Certificate of Approval
5. Open a Basic Bank Account for new enterprise
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6. Registered by the Business Committee
7. Registered by Customs department
8. Registered by state administration of exchange
9. Registered by Shanghai entry-exit inspection and quarantine bureau
10. China E-port
6~10 are import-export licenses
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11. Financial staff will apply the tax grade to tax bureau.
12. Apply for Fapiao machine
Preparation by client:
1. 4~5 enterprise Chinese name for verification by Industrial and Commercial Bureau.
2. Investor-person: needs original passport.
Investor-company: Business Licenses needs notarized by Public Notary Office and Chinese Consulate.
3. The investor should provide the REAL office leasing contract and invoice to tax bureau for approve the tax grade and drawback license. (Besides virtual registered address)
4. To fill in all necessary details in WOFE form.
If you need more information , please contact us by email or phone call.
Hotline: 86-755-82147392
E-Mail: info@citilinkia.com