Foreigners How to Setting Up A WFOE Company in Guangzhou
Sunday, 17 January, 2021 Updated On:
Wednesday, 03 February, 2021 Reply to:
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Setting up a company in China is not a simple case. You will need to enquire a Chinese basic lawyer or business consultant to figure out all process for you. We can help you everything for Foreign company registration.Because we are special in this service business for years,and we know the government’s policy and law to manage A foreign company here.Please just turn to our Timely Enterprise,we will make thing simple and with you through the life of your business.
Concept of Guangzhou WFOE
Guangzhou WFOE stands for Guangzhou Wholly Foreign Owned Enterprise, is a limited liability company wholly owned by either a foreign individual a or foreign legal entity. Hong Kong-, Macao-, Taiwan-, investors is also included.
Advantages of Establishing a Guangzhou WFOE
1. Ability to formally carry out business rather than just function as a representative office which is restricted in many ways.
2. Protect Intellectual property and Independent technological patents
3. Greater efficiency in management, operations and future development
4. Ability to receive RMB revenues and issue official invoices.
5. Legal profits, lawfully-earned income and funds after liquidation can be remitted abroad.
6.It is more easier to apply for a working visa in Guangzhou city,what’s more, your immediate relatives(parents,wife,children) could apply for family visa to stay with you in Guangzhou.
7.Recruit Chinese employees to support your business legally.
8.If necessary,you can apply for import and export rights.
Needed Information for a Guangzhou WFOE Registration
3.Legal person’s original passport , email,office address and signature
4.Supervisor’s copy of passport
6.Let me know who is the financial manager(can be the same person with the legal person),shareholder and director
7.Office contact (telephone no. ,phone no.)
With the information we need,we will complete the WFOE company registration within a month.
For more details,please feel free to get back to me.
Skype: Cora Yeung
Add: Room832-833, Office Tower,Garden Hotel, Huanshidong Rd.,Guangzhou,China