Open WFOE in Guangzhou

    Timely Eric
    By Timely Eric
    Open WFOE in Guangzhou

    Wholly Foreign Owned Enterprises are used in manufacturing, trading, wholesale, foods & beverages, retail, IT and consulting (B2B).

    Choosing a WFOE as instrument of investment in China has the following advantages:  -Legal person status  -Complete independence in terms of corporate strategy due since no Chinese partner is involved  -Ability to conduct business, issue invoices and generate revenues  -Facilities for converting RMB profits into USD or other foreign currencies to transfer back to parent company or foreign bank account 

    (for individual investors)  -Full control on human resources and the hiring process  -Legal protection of company's assets, technology etc.  -Business License is usually valid for 15~30 years, or more

    Disadvantages include:  -Long and costly registration process  -Registered capital, that can be high, needs to be paid up in full  -Application and approval is required in case of business scope modification or expansion.

    For the detail info please contact Timley Ltd. Let us deal with your problem.call Eric86-18902255670 or Email:timely23@clrge.com

    Timely Eric

    Timely Eric

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