Expert guidance
Fast processing
Transparent pricing
Select the best structure for your business.
Can hire local staff directly
Foreign partner can own up to 99%
Can hire local & foreign staff directly
Allowed to import/export
Must use employment agency for local staff
Must have a registered office
Limited to four foreign employees
Foreign business ownership
A Wholly Foreign-Owned Enterprise (WFOE) is a company in China that is exclusively owned by a foreign investor. You can be the legal representative of your WFOE and appoint a supervisor. Moreover, foreign investors can operate their China offshore limited company from overseas.
Investment structure
When considering which entity shall be the direct investor of the WFOE, companies often take into account tax efficiency, lead-time, complexity, internal (division) interests, (future)co-investors, flexibility, and future exit. From an incorporation perspective, the immediate parent company's jurisdiction is only relevant with respect to the lead-time and complexity, as legalized documents must be obtained from relevant Chinese Embassies or Consulates, with some jurisdictions being faster and more straightforward than others. We can assist you in choosing the optimal investment structure for your specific business.
Registered capital
It determines the amount of foreign or local currency an investor is allowed to contribute as capital, free of any taxes, to finance the operations of the WFOE. Choosing the appropriate registered capital amount can be a complex exercise and is often the result of a combination of factors, such as: envisaged operational costs or CAPEX until break even, the feasibility of financing China import from offshore entities, industry standards, and/or potential minimum capital requirements set by tenders the WFOE plans to participate in. We are here to assist you in making meaningful estimations.
Location
As China's tax is collected at a district level, not only the city but also the district of incorporation is relevant.Considerations to determine the optimal district for your investment include envisaged or existing physical office location, flexible local policies,distance to downtown, (tax) benefits,access to talent,vicinity to key staff's residences,and proximity to suppliers or customers.We are here to assist you in making sounds decisions.
Licenses
Complete corporate services
Essential company services.
Company incorporation
We will register your selected business structure with the Administration for Market Regulation.
Corporate compliance & custodial services
We handle all your routine and day-to-day company matters,including custodial services, maintaining statutory books, safeguarding of company stamps,filing of documents,and more.
Legal representative*
All foreign-invested companies in China must have at least one legal representative and supervisor.We can act as your resident director if you are unable to appoint one.
Registered office*
A company in China is required to register a legal address.If you do not have a physical office,we can also assist in securing a virtual office for free or for a limited charge.
Additional compliance services.
We provide both one-off consultations and ongoing services to keep your business compliant with all the current government requirements.
Business licenses
We assist you in obtaining and updating special types of permits and licenses that might be necessary depending on your planned scope of business in China.
Accounting services
We assist with all of your bookkeeping and prepare monthly or annual accounting reports in English following China's GAAP requirements.
Tax services
We offer monthly, quarterly, and annual tax filing to help you stay compliant with the local tax laws.
HR & payroll services
Our comprehensive HR and payroll services include payroll,payslips,IIT calculations,and HR admin services.
Work permit and visas
We advise and assist expatriate employees on visa,work permit,and residence permit applications and extensions.