Shanghai WFOE Registration Bussiness Scope Service
Shanghai Hotline: 021-58763186
If foreign investors want to open a business in Shanghai, you may consider to set up a WFOE(Wholly Foreign Owned Enterprise), , it's also called (Foreign-Invested Commercial Enterprise). Following is the Different Types of WFOE.
Different Types of WFOE
1.manufacturing WFOE, which is only be allowed to manufacture business.
2.Consulting WFOE, which is allowed to do Consulting & Service related business.
3.Trading WFOE, which is allowed to do Trading, Wholesale, Retail or Franchise.
4.There are many advantages to setting up a wholly foreign-owned company in Shanghai.
Merits of Shanghai WFOE
The advantages of incorporation a WFOE, compared with other types of enterprises, include, but not limited to:
Independence and freedom to implement the worldwide strategies of its parent company without having to consider the involvement of the Chinese partner.
Ability to formally carry out business rather than just function as a representative office and being able to issue invoices to their customers in RMB and receive revenues in RMB;
Capability of converting RMB profits to US dollars for remittance to its parent company outside of China;
Protection of intellectual know-how and technology;
Full control of human resources
Greater efficiency in operations, management and future development.
Contact Us
For further queries, please do not hesitate to contact Tannet at anytime by calling
Hotline: 021-68877368, 18101640557 Wechat: 18101640557
Skype: +86 181 0164 9652
E-Mail: hkcfm-shanghai@163.com
Address: Block F, 15th Floor, World Plaza, No.855 South Pudong Road, Pudong New Area, Shanghai