WFOE

company liquidation

Case Study: Tax Liquidation in China – including a Step-by-Step-Guide for the Liquidation Process

The tax liquidation process in China is a complicated and sometimes time-consuming effort that can take at least 4-6 months or up to 24 months. The duration depends mainly on the right preparation beforethe actual liquidation process starts. Just as ...
WFOE

The 3 Types Of WFOE You Have To Know

This article aims to provide first hand know-how for SME with the ultimate goal to establish a Wholly Foreign-Owned Enterprise (WFOE) in the People's Republic of China. Here it is worthwhile to mention that the Chinese government distinguishes betwee...
Amended Trademark Law Main Points

Want to enter China? Think about using a “WFOE” – Register a WFOE in China –

Register a WFOE in China Your Business Scope must be flexible enough The first stage in setting up any WFOE is to determine its scope of business. It is essential that it encompasses every envisaged scope of future activity since WFOEs may only...

How to set up a company in China

China has experienced amazing economic growth in recent years, which is why some companies want to rush into the market. This is a common mistake since most of those companies find out that the structure they chose is inappropriate or that the gover...
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UPDATE: Company Setup Now Possible Without MOFCOM Approval

On 8 October 2016, the National Development and Reform Commission together with the Ministry of Commerce issued a statement, which changed the registration requirements for Wholly Foreign Owned Enterprises and Joint Ventures. One day later, the Minis...
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How to close a WFOE and a Representative Office

Earlier this week we published an detailed article on how to liquidate a company in China. Now, this article will show you what the process looks like for a WFOE and an RO. To liquidate your company does not defeat and failure, it can also be a neces...
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The Importance of Chops in China

Everyone who has ever been involved in a business activity in China has certainly come into contact with the peculiar red mark on every document: the chop. The chop is the Chinese equivalent of a signature in the Western Hemisphere and it is the ulti...
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How to set up a WFOE in China – the six most important steps

When starting a business in China, many choices have to be made. One of the first tasks is to determine the entry strategy and decide on the legal structure. Do you want to enter China with a Joint Venture, a Representative Office, a Wholly Foreign O...
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How to set up a WFOE in China – the six most important steps

When starting a business in China, many choices have to be made. One of the first tasks is to determine the entry strategy and decide on the legal structure. If you choose to set up a WFOE, follow these steps for a successful set-up.