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How to Set up WFOE Company in Guangzhou ?

Concept of Guangzhou WFOE

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.

 

Advantages of Establishing a Guangzhou WFOE

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 company registration in Guangzhou, all we need is:

1- your Office contract and its registration paper;

2- your original passport when we submit docs need show it;

3- company name can give Chinese and English name;

4- company register capital give amount is ok, no need paid up;

5- company business scope, can give your main business items we find more for you.

6- provide one supervisor's passport copy or ID copy.

With these documents ,we will complete the WFOE company registration within 1-2 months.


For more details, please feel free to get back to me. Thank you.  

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