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SHENZHEN IT INDUSTRY WFOE TERM AND TERMINATION

Update Date:2020-3-9 15:37:30     Source:www.3737580.com     Views:323

Shenzhen WFOE Registration Service
Hotline: 86-755-82143348, Email:amyhuang@citilinkia.com

Wholly-owned Foreign Enterprise (WOFE) refers to a limited-liability corporation organized by foreign nationals and capitalized with foreign funds.

SHENZHEN IT INDUSTRY WFOE TERM AND TERMINATION

The average termination term for A Shenzhen IT Industry WFOE 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.

 

Types of Shenzhen WFOE
1. Service WFOE
2. Manufacturing WFOE
3. Service WFOE
4. Technology WFOE

 

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