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China WOFE Requirements

Chi­na WOFE require­ments, also known as the whol­ly for­eign-owned enter­prise or the WFOE, are the set of rules and reg­u­la­tions that gov­ern the estab­lish­ment and oper­a­tion of a WOFE in Chi­na. The WOFE is a type of busi­ness enti­ty that allows for­eign investors to own and con­trol 100% of a com­pa­ny in Chi­na, with­out the need for a local part­ner or share­hold­er. The WOFE can engage in var­i­ous busi­ness activ­i­ties, such as man­u­fac­tur­ing, trad­ing, con­sult­ing, or ser­vice pro­vi­sion. How­ev­er, the WOFE is also sub­ject to cer­tain restric­tions and lim­i­ta­tions, depend­ing on the indus­try, loca­tion, and scope of the busi­ness. In this archive, you will find a col­lec­tion of detailed arti­cles that out­line the var­i­ous aspects of the Chi­na WOFE require­ments, such as the min­i­mum reg­is­tered cap­i­tal, the busi­ness scope, the legal rep­re­sen­ta­tive, the share­hold­ers, the board of direc­tors, the arti­cles of asso­ci­a­tion, the bank account, the licens­es and per­mits, and the annu­al audit and report­ing. You will also learn how to com­ply with the Chi­na WOFE require­ments and how to avoid com­mon mis­takes and penal­ties that may arise dur­ing your WOFE estab­lish­ment or oper­a­tion in Chi­na. Whether you are plan­ning to set up a WOFE in Chi­na, already have one, or just want to learn more about it, this archive will pro­vide you with use­ful infor­ma­tion and advice on the Chi­na WOFE requirements.

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