In Shanghai China, there are following five main company types:WFOE,EJV,CJV,RO and branch institutions.
About 80% of our Kingyee’s clients would choose register in the form of WFOE(Wholly Foreign Owned Enterprise).
Kingyee is endowed with the best and most professional bilingual staff,and the most reliable government resources ,and the legal team with a wealth of experience in handling all kinds of cases.We aim to provide efficient and professional legal consulting and legal advice for those foreign investors to do business in China .
We are aiming at the one-stop solution of assisting our clients in company registration and all relevant stuff.
The fist stage of the registration process is about the applying and receiving of all certificates and licenses required, and the approval of the government.
The second stage is about opening a bank account.
And the later stage is about the import and export,including customs,electronic port and inspection and quarantine.
What is WFOE?
WFOE means enterprises which are established inside China in accordance with Chinese laws, and whose capital are all invested by foreign enterprises, economic institutions or individuals. According to the rules of Foreign Enterprise Regulation, foreign capital enterprise must be registered to the benefit of the development of national economy, and match one of the following conditions which is international advanced technology and equipment are used or most/all products are exported. Organization form of foreign capital enterprise is mostly limited liability company, also can be called as one person limited company. Embranchments of oversea enterprises and economy institutions does not counted into WFOE, for example: branch offices ,representative offices, etc.