China WFOE Incorporation Services Starting from USD 2, 599.00

Product Description

The Wholly Foreign Owned Enterprise (WFOE) is a Limited Liability Company 100% owned by the foreign investor(s).In China, WFOEs were originally conceived for encouraged manufacturing activities that were either export orientated or introduced advanced technology.However, with China's entry into the WTO, these conditions are gradually being abolished and the WFOE is increasingly being used by service providers such as a variety of consulting and management services, software development and trading companies as well.

Advantages of WFOE

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 on business rather than just a representative office function and capable of issuing invoices to their customers in RMB (Chinese Currency) and receive revenues in RMB

Capable of converting RMB profits to US dollars for remittance to their parent company outside China

Protection of intellectual know-how and technology

Greater efficiency in its operations, management and future development.

WFOE Incorporation Service Fee starting USD 2, 599.00