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CHINA WFOE TERM AND TERMINATION

Update Date:2023-10-27 17:54:33     Source:www.3737580.com     Views:282

CHINA WFOE TERM AND TERMINATION Service
Hotline: 86-755-82148419, Email: susiehu@citilinkia.com, Wechat: 13823131503

A Wholly Foreign Owned Enterprise, popularly known as WFOE in China, is a company based in the People’s Republic of China and is entirely owned by foreign investors.

CHINA WFOE TERM AND TERMINATION

The average termination term for WFOEs is from 15 to 30 years or even longer, not excluding extensions. The term can be extended from up to 50 years when a project takes a long time; return on investment is low on construction period, large investments, projects regarding sophisticated products, use of advance key technologies provided by foreign partners or activities producing competitive products internationally. Lastly, the termination of a WFOE term can be extended from over 50 years as long as State Council approves of it.

 

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