Sign In | Join Free | My
Tannet Group Limited
Tannet makes businesses international, professional & interactional
Home > Company Registration Service >

China WFOE Formation Services

Tannet Group Limited
Tannet Group Limited
City: Nanchang
Province/State: Jiangxi
Tel: 86-0791-88167848
Contact Person:

China WFOE Formation Services

Brand Name : Citilinkia
Email :
Website :
Contract : Wendy
Contact Now

The Wholly Foreign Owned Enterprise(WFOE or WOFE) is a Limited liability company wholly 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, after China's entried into the WTO, these conditions were gradually abolished and the WFOE is increasingly being used for service providers such as a variety of consulting and management services, software development and trading as well. With that, any enterprise in China which is 100% owned by a foreign company or companies can be called as WFOE.

WFOE has great potential in China as companies seek new markets, executives say that by 2014 China will be the world’s top investment destination.The registered capital of a Wholly Foreign Owned Enterprise (WFOE) should be subscribed and contributed solely by foreign investor(s). A WFOE does not include branches established in China by foreign enterprises and other foreign economic organizations. The Chinese Laws on WFOE do not have a clear definition of the term of "branches". The term of "branches" should include both the branch companies engaged in operational activities and representative offices, which are generally not engaged in direct business activities. Therefore, branches and representative offices set up by foreign enterprises are not WFOE.

China WFOE formation-Different Types of WFOE
1) If the WFOE only be allowed to manufacture here. We can say it's manufacturing WFOE.

2) If the WFOE is allowed to do Consulting & Service, we call them Consulting WFOE.

3) If the WFOE is allowed to do Trading, Wholesale, Retail or Franchise in China, we call them Trading WFOE or FICE (Foreign-Invested Commercial Enterprise)

China WFOE formation-Advantages of WFOE
1).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;

2).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;

3).Capability of converting RMB profits to US dollars for remittance to its parent company outside of China;

4).Protection of intellectual know-how and technology;

5).For Manufacturing WFOE, no special requirements for Import / Export license for its own products;

6).Full control of human resources

7).Greater efficiency in operations, management and future development.

Product Tags:

Company Registration


Legal Advisor


Labor Contract

China Customized Inflatable Bumper Ball Game Bubble Adult Grass CE supplier

China WFOE Formation Services Images

Inquiry Cart 0
Send your message to this supplier
Enter your email please.
To: Tannet Group Limited
Characters Remaining: (0/3000)
Inquiry Cart 0