The Wholly Foreign Owned Enterprise (WFOE) is a limited liability company wholly owned by the foreign investors. After China's entered into the WTO, the WFOE is increasingly being used for service providers.
WFOE has great potential in China as companies seek new markets. In 2014, China will be the world’s top investment destination.
The advantages of incorporation a WFOE, compared with other types of enterprises, include, but not limited to:
• Independence and freedom to implement the worldwide strategies of its parent company without having to consider the involvement of the Chinese partner.
• Ability to formally carry out business rather than just function as a representative office and being able to issue invoices to their customers in RMB and receive revenues in RMB.
• Protection of intellectual know-how and technology.
Touch Law Firm, as faithful partner to international enterprises and individuals, is dedicated to providing with professional investment solutions in China, including company registration, tax & accounting, intellectual property and China visa consulting etc. With experienced consultants, accountants and other professionals we have rendered services to over 3,000 clients from more than 60 countries and regions around the world.
Touch Law Firm, Your Key to China. Our services include: company registration, tax & accounting, intellectual property & China visa consulting, etc.Contact us by calling at +86-20 8355 5515 or visit our website: www.touchlawfirm.com
Please like our facebook page: https://www.facebook.com/TouchLawFirmInGuangzhou
Do you want to do business in China or tavel to China? How to open a company in China? There are some work teams can do everything for you: (Offshore,Hongkong) Company Registration in China,China Visa Invitation Letter,Residence Permit,Global Trademark Registration,Set up Guangzhou Representative Office and more...
Showing posts with label China WFOE. Show all posts
Showing posts with label China WFOE. Show all posts
Monday, December 16, 2013
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