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Post# A362061

Shenzhen WOFE Registration

Posted On: Wednesday, 13 March, 2019
Updated On: Wednesday, 13 March, 2019
Reply to: fxy@citilinkia.com
Shenzhen WOFE Registration
Advantages of setting up wholly owned foreign enterprise (WOFE) in Shenzhen included:
1)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;

Tannet was founded in 1999 in Hong Kong and built long-term relationship with many clients from China, South America, EU and Africa to help them set up their own business or sub-department in Chinese speaking areas. Tannet has 38 worldwide fully owned companies in, for example, Beijing, Shanghai, Shenzhen, Hong Kong and Malaysia, and has over 3,000 cooperative institutions. Our services included Professional consultancy;Premium processing & follow-up;Final package contains : certificate of approval、offical remarks、regulation prospectus, tax registration certificate for state & local tax、foreign exchange certificate

Contact Us
Please do not hesitate to contact Anita Yao by calling:86-755-82143422, 86-755-82143512, or email to fxy@citilinkia.com. Please free feel to visit our website at: http://www.tannet-group.net/
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