This article is complete guide how to start a business or company in China, how to register a business or company in China, how to form a business or company in China, how to open a business or company in China.
China can be an overwhelming country location to establishing business or company. China financial stability makes best & attractive option to invest in China those who want to start a business or company in China.
Start a business or company in China
You can start or open different types of business entities (Representative Office in China or China Liaison Office, China WFOE (Wholly Foreign Owned Enterprise) Formation or WFOE Registration in China, China Joint Venture Registration, JV Formation in China) in China.
What is Wholly Foreign Owned Enterprise (WFOE) company?
WFOE stands for wholly foreign owned enterprise, which is a Limited liability company wholly owned by the foreign investor(s). WFOE means the foreign investors (including Hong Kong, Macau, Taiwan) established the enterprise within Chinese territory, in accordance with 《PRC Wholly Foreign Owned Enterprise Law》, with capital provided solely by the foreign investor. The foreign investors refer to the foreign enterprise, individual or partner. (Including Hong Kong, Macau and Taiwan). For more info visit – China WFOE Formation | China WFOE Registration
What is Representative Office or Liaison Office in China?
Liaison Office (also known as Representative Office) can undertake only liaison activities. If you want to save cost for future, do not need it to collect income from China, then liaison office/representative office is your best choice.
The main purpose of starting a liaison office is to explore possible business opportunities in China by collecting relevant business information, meet clients or provide them solutions, or purchasing support service. For more info visit – China Liaison Office | Representative Office Registration in China
What is Joint Venture Registration in China or JV Formation in China?
A Joint Venture (JV) is a foreign invested enterprise (FIE) that is incorporated by foreign and Chinese investors, who will share the profits, losses and management of the company together.
Compared with WFOE, joint venture is a joint capital from Chinese companies and foreign companies or people. Till right now, Chinese individual are not allowed to incorporate a joint venture. Joint venture is still treated as a foreign company, not a Chinese company. For more info visit – China Joint Venture Registration | JV Formation in China
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