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China WFOE

The Limited Liability type company in China wholly owned by foreign investor(s) is called the Wholly Foreign Owned Enterprise, abbreviated WFOE or WOFE . 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 largest one next to the United States. China has renowned as the big exporter of highly price-competitive goods as well as a major importer of western cargo due to the fast rise of the Chinese middle class and rising consumption needs in recent years. Business magnates, transnational corporations and individual investors all pay high attention to Chinese market. With the commitment to speed international development, Chinese government  issued lots of favorable foreign investment policies  to benefit foreign investors. The major advantages of doing business in China would be its dynamic speedy-growing economy, fast-rising consumption needs, large trained labor pool, low employment...

Free Trade Zones

Here's information about the free trade zones, and you're welcome to contatc us if you have any doubts. EMAIL proposal@set-up-company.com TELEPHONE +86-020-2917 9715 Guangzhou Free Trade Zone A free-trade zone (FTZ) is a specific class of special economic zone. It is a geographic area where goods may be landed, stored, handled, manufactured, or reconfigured, and re-exported under specific customs regulation and generally not subject to customs duty.  Taking advantage of the Mainland-Hong Kong Closer Economic Partnership Arrangement (CEPA) to drive the liberalization of trade in services, the Guangdong park aims to integrate the economies of the Pearl River Delta (Guangdong, Hong Kong and Macau). Shanghai Free Trade Zone Free trade zones are generally organized around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade. When the Shanghai Free Trade Zone (FTZ) was first introduced in 2013, it ...