China FICE Registration
Hotline: 86-755-82148419, Email: susiehu@citilinkia.com, Wechat: 13823131503
A Foreign Invested Commercial Enterprise, more commonly know as FICE (in some cases even further shortened to Foreign Invested Enterprise or "FIE") is fast becoming a common investment vehicle for Mainland China based foreign business. Reason being; The FICE is a genetically enhanced, characteristics enriched form of a WFOE, but in contrary to the WOFE, under the business model of a FICE foreign invested commercial enterprises are allowed to trade within Mainland China.
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Therefore Foreign Invested Commercial Enterprises are the only corporate models that non-PRC investors can use to sell their products in China. Because a WFOE is not permitted to carry out sales activities in China Mainland, many foreign investors now set their business model unread a FICE to conduct trading activities in China, as well as export and import their goods for distribution to and in China.
Different types of China FICE
As we already know, a China FICE is the optimum way for a foreign company to distribute its products in China. However, there are three (3) main types of China FICE which are featured as follows:
1. China Wholesale FICE
China Wholesale FICEmay conduct commodity wholesale; commission-based agency activities; import and export of commodities; warehousing services; marketing services; product installation and after-sales services; indirectly engage in retail activities via franchisees.
2. China Retail FICE:
China Retail FICE may conduct commodity retailing activities; import merchandise; source and export Chinese products; conduct TV and telemarketing, mail order sales, Internet sales and vending machine sales. If applying to open a shop at the same time as applying to establish the retail China FICE, a proposed shop must conform to the urban development plan and the commercial development plan of the city where it is situated.If applying to open a shop after the establishment of the retail China FICE, then in addition to meeting the above requirement, the enterprise must also have undergone annual inspection on time and passed, and have received all of its registered capital from its investors.
3. China Manufacturing FICE:
China Manufacturing FICE can manufacture and/or produce it’s own products and sell them wholesale in China, or export them. Another distinct characteristics and outstanding feature is that It actually can combine elements of a Retail and Wholesale FICE. Though, certain restrictions do apply.
Contact us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82143422, 86-755-82143512, or emailing to anitayao@citilinkia.com