Shenzhen WFOE Registration Service
Hotline: 86-755-82143348, Email: amyhuang@citilinkia.com
WFOE is short for Wholly Foreign Owned Enterprise. Nowadays it is the most common type for founding an enterprise as foreign investor. Compared to a JV the advantage is that the foreign company is able to follow their own aims more clearly and does not have to take care about their Chinese JV partner. The shares are in the hands of foreign investors and the company is founded as a subsidiary in most the times.
Normally the WFOE's is Limited Co. A certain rate between the equity capital and the investments is regulated and is according to the sector. Two reports are necessary for the formation of a Ltd. To found a Ltd. You need a project report with the documentation of the project, the aim, etc. as well as a feasibility study. In most of the times both reports can be put together into one document. Next to these reports a good relationship to the government is an advantage. If you follow just the exact rules rather than the Chinese way while founding the company, the formation can take a long time.
Shenzhen WFOE Registration is also called Shenzhen WFOE setup, Shenzhen WFOE formation,Shenzhen WFOE incorporation and Shenzhen WFOE establishment.
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Shenzhen WFOE Registration-Advantages of WFOE in Shenzhen
1. Independence and freedom to implement the worldwide strategies of its parent company without having to consider the involvement of the Chinese partner;
2. Ability to formally carry on business rather than just a representative office function;
3. Issue invoices to their customers in RMB and receive RMB revenues. Convert RMB profits to US dollars for remittance to their parent company outside.
4. Cheap labor, which can lower your cost;
5. Not required to share profits with Chinese counterpart;
6. Greater efficiency in its operations, management and future development.
Contact Us
If you have further queries, don’t hesitate to contact ATAHK anytime, anywhere by simply visiting ATAHK’s website www.3737580.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143348, or emailing to amyhuang@citilinkia.com.