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Foshan City As a nearby city to Guangzhou, Foshan is located in the heart of the pearl river delta and adjacent to Hong Kong and Macao. Foshan is an industrial city, its competitive industries focus on household appliances, equipment manufacturing, metal material processing and products, ceramic building materials, textile and garment, food and beverage, plastic products, electronic information, fine chemical and pharmaceutical industry, household products manufacturing. How to Register a Foshan Company? Name-checking As a China company, the Foshan company name is composed of “the administrative division + company name + industry characteristics + organizational form”. The English version of the Foshan company can be put on the stamp and the name card, not one the license. Business Scope Confirmation Business scope refers to the business operation and industries you want to engage in with this China entity, which is quite Chinese characteristic in some way. Nevertheless,...

What is Business Scope? ​Business scope is an indispensable part of China company formation , which is not the same for western countries in most cases. Business Scope is the scope of business products and services you can engage in. It is a legal boundary for the enterprise to conduct business inside China legally. Once the scope of business is approved and registered, the enterprise shall have the right capacity within this scope, and the enterprise shall also assume the obligation of not exceeding the scope of operation. To sum up, the approved business scope of the enterprise is the legal limit to distinguish the lawful operation and illegal operation of the enterprise. The Significance of Business Scope It is unfamiliar for many foreign investors that the business scope of your China company is closely related to invoices issue. In other words, the enterprises can only apply for the invoices under the specific business scope content. That is why to having a business p...

Foreign Invested Partnership Enterprises (FIPE) enjoy preferential treatment in application for establishment, tax collection and operation mechanism. The formation of partnership should bring advantages and disadvantages of Foreign Invested Partnership Enterprise into consideration. The prohibited classes marked as "shall be limited to the joint venture", "limited to cooperation", "limited to the joint venture and cooperation", "China holding company", "China relative holding" and projects with foreign investment proportion requirements in the Foreign Investment Industrial Guidance Catalogue shall not set up any foreign-funded partnership enterprises. Consult Business China China Partnership Firm Registration | Formation of Partnership A partnership company is a profit-making organization that is jointly funded, co-financed and shared by partners, and is a profit-making organization with an unlimited joint and joint liabili...

China has long been the world factory, it's no wonder if you want to produce products in China by yourself. So, how to start a manufacturing WFOE ? Incorporating a limited liability establishement in China does not mean you can operate all kinds of business activities, which is the case in HK. In China, all company types need to apply for the approval of the business scope while applying for the company business license. Therefore, each Manufacturing WFOE must and can only operate business within the business scope approved by Chinese authorities. Reach Business China for more details. China Manufacturing Company Formation The overall scale and comprehensive strength of China's industry has been further enhanced during the past years and China resides in the world's top spot as the largest manufacturer, China's Ministry of Industry and Information Technology (MIT) said on July, 2017. China remains the world's top manufacturing destination owing to its...

Guangzhou Free Trade Zone (FTZ) is the first leading innovated foreign trade area among China Free Trade Zones. Advantage policies of the latest innovation of attracting foreign investments has been made clear. Guangzhou FTZ signed the Mainland-Hong Kong Closer Economic Partnership Arrangement (CEPA) aims to welcome more Hong Kong companies to invest in China to integrate the economics of Guangdong, Hong Kong and Macau. Guangzhou FTZ has been the easiest entrance for setting up your China WFOE with No registered capital and Easy registered address to expand your business into China for various industries. Business China is a government license leading firm in China provides business registration services. By making continuous efforts in expanding our services in Special Economic Zone, we ensure businesses of all sizes can access the most up to date business setup solutions and strategies available. Contact Us Guangzhou Free Trade Zone Company Formation Free trade area ...

The most common and acceptable business structure for major business in China is Wholly Foreign Owned Enterprise, abbreviated China WFOE or China WOFE. WFOE refers to the enterprise set up within Chinese territory with capital 100% owned by foreign investor(s). With a WFOE incorporated in China does not mean you can engage in any kinds of business activities, as is the case in HK and some Western countries. WFOE can only operate under the business scope approved by Chinese authorities. If the WFOE trades, wholesales, retails or franchises, we call it a Trading WFOE ; if it manufactures, a manufacturing WFOE . If the WFOE implement consulting and advisory business, it is called a Consulting WFOE . If it provides food and beverage, a F&B WFOE . For More Info, Apply For a Free Consultation. Overview Enormous Chinese Market Foreign Direct Investment（FDI） in China has up to 108 billion USD since 2008, laying the foundation of China's economy to be the second...