Advantages of Foreigners Establishing a Guangzhou WFOE Company (Guangzhou)
Friday, 08 May, 2020 Reply to:
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Doing business in Guangzhou, you might have requests in setup a company. We, GZ Timely provide professional services to help you work and live in Guangzhou legally.
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.
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.
For further information or assistance, please feel free to contact us.