Shenzhen WFOE Registration Services
Hotline: 86-755-82143348, Email:amyhuang@citilinkia.com
A Shenzhen IT Industry Wholly Foreign Owned Enterprise, popularly known as WFOE in Shenzhen IT Industry, is a company entirely owned by foreign investors based in Shenzhen.
SHENZHEN IT INDUSTRY WFOE ANNUAL AUDIT
Every company with limited liability in China should file an audit report with the authorized bodies. If this formality is not met by companies, taken into account the time given, then they may be fined.
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Advantages of WFOE
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 out business rather than just function as a representative office and being able to issue invoices to customers in RMB and receive revenues in RMB;
3. Capability of converting RMB profits to US dollars for remittance to its parent company outside of China;
4. Protection of intellectual know-how and technology;
5. Full control of human resources
6. Greater efficiency in 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 86-755-82143422, or emailing to anitayao@citilinkia.com