The Ultimate Guide For China Wfoe Formation In 2018 - China

This Ultimate Guide for China WFOE Formation in 2018 is designed to resolve any doubts you may have in setting up your business in China.

China WOFE is the type of company foreign friends are most eager to know before they set sail their business in China, whether you are inGuangzhou, Shenzhen, Foshan, Shanghai, Yiwu or any other city in China.

New friends who start to carry out business in China are always highly encouraged to start WFOEs by their peers who have had Chinese entity registration experience.

Why? Today Business China will give you a detailed explanation via this guide.

In addition, we will cover the following main points: What is a China WFOE?

What are the main categories of a China WFOE?

Which industries are suitable and which fields are unbefitting for a WFOE registration?

Why does everyone recommend you to set up a WOFE in China? What ubiquitous advantages does a WOFE have? What are the advantages and disadvantages of a WFOE when compared with other types of companies?

Some misconceptions about WOFE

WOFE registration process

Registration requirement of China WFOE

Main Tax for China WOFE

Different Tax Returns Filing Date of China WFOE

China's new rules on WOFE

What’s the impact of the newly issued rules on the coming WFOE registration?

How will previously registered companies be affected by the new rules?

What is a China WFOE? A China Wholly Foreign Owned Enterprise is a limited company with shares entirely possessed by foreign investor(s).

It is also known as a LLC, wholly owned by foreign investor(s) in China.

In other words, foreign investors can generally be subdivided into foreign individual(s), foreign companies, Hong Kong companies, andMacao companies.

These foreign identities can register their limited liability company in China without the interface of their counterparts in China.

In short, foreign friends can roll up their sleeves and chase their business dreams directly in China.

China WFOE is applicable to almost all industries, except some industries monopolized by the state.

For example, no foreign investor is allowed to invest in the geodetic surveying or marine charting filed in China.

For a detailed introduction of China WFOE, please see here: What are the Main Categories of a China WFOE? A China WFOE can be roughly classified into: China Trading WFOE

China Consulting WFOE / China Service WFOE

China Technology WFOE

China Food & Beverage WFOE

China Manufacturing WFOE China WFOE types, to some extent, indicate the major business products and categories of the specific industry.

Let me further explain here.

For example, a China Trading WFOE can import and export franchise brands, distribute products inside of China, open an E-commerce store, apply for export tax refunds, and deliver related consultation services.

A China Consulting/Service WFOE could cover many diversified consultation fields, such as management consulting, engineering consulting, technical advisory, education consulting, technology consulting, headhunting service, and training service…etc.

A China Technology WFOE could conduct technical development, consultation, and transfer…etc.

A China Food & Beverage WFOE could engage in fruit and vegetables, pre-packaged food, agricultural and sideline products, frozen food sales; flour products, cooked food, frozen drinks and edible ice, nutritious food, starch and starch products, sweets, chocolate, cakes, bread, biscuits, and other baked goods; dairy production and marketing; consultation on food processing technology and transfer of food production technology… China Manufacturing WFOEs mainly engage in the production and sale of industrial products…

Company Contact:

• Posted By: BC Partners Consulting Limited

• Phone: 020-21979715

• Address: 2108 Zhengjia Building, No.372 Huanshi East, Yuexiu, Guangzhou , Guangdong , China

• Email:

• Website: https://www.set-up-company.com/

• Business Description: Business China specializes in business setup in mainland China, Hong Kong and offshore for customers ranging in size from owner-managed businesses to multinationals in every sector.
  
  In today's border-less digital world, Business China enables millions of businesses and professionals from 70 countries, to grow globally by facilitating business setup strategies.
  
  We are a leading worldwide provider of company setup service that delivers solutions driven by customer needs globally.
  
  By making continuous efforts in expanding our services, we ensure businesses of all sizes can access the most up to date business setup solutions and strategies available.
  
  Our community of customers is growing every year and we help each other to navigate the rapidly changing world of solutions and strategies.
  
  For small to medium businesses (SME) is the lifeblood of the worlds economy.
  
  Our specialists will help to take away your business distractions, while at the same time making suggestions and offering innovations to help you advantage the marketplace.
  
  Large, multinational organizations need simple, rational system to achieve the flexibility they need to compete effectively.
  
  Thats why weve worked so hard to make our systems flexible, simple and rational.
  
  As a result we can support your plans and play a real part in achieving them.
  
  As an enterprise customer, youll have access to a team of specialists who will use their experience and knowledge to help you target your selected market sectors.