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
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