The overseas investor (company or individual ) has wholly taken the stock equity. The investor independently take and manage the company, and gets the company profit . WFOE has become one of the highest priorities for foreign investors, its advantage is Reasonable requirement on investment capital , independent , liberalized and efficient operation, direct management and implement.
Upon different operation method (business scope), WFOE mainly include following types :
♦Foreign Trading Company (Trade WOFE)
♦Foreign Consulting service company (Consulting WOFE)
♦Foreign manufacture /factory
♦Foreign Catering company/food and Beverage Company (B&F WOFE)
♦Science and Technology company ( Tec. WOFE)
►Documents requiredfor WFOE registration
►Procedure of WFOE registration
Comparison among WOFE,Wholly Foreign Owned Joint-Venture Company and Chinese -Foreigen Joint-Venture Company:
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Requirement of
investors
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Investment capital
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Tax
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Remarks
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WFOE
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One foreign investor (company or individual)
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More than 20,000USD depends on different company type
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same
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Applies to the investment fields where foreign business are encouraged by China government
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WhollyForeignOwned
Joint-VentureCompay
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2 or more foreign investors (company or individual)
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More than 50,000USD depends on different company type
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same
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Applies to the investment fields where foreign business are encouraged by China government
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Chinese-Foreign Joint
-Venture Company
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one or more foreign investors (company or individual) and one or more Chinese investors ( must be a company)
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More than half million RMB depends on different company type
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same
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Applies to the investment fields where foreign businesses are restricted or restricted temporarily
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