Whole Own Foreign Enterprise (WOFE or WFOE)


The documents you need to establish a WFOE in China. Following are the required documents to open a Wholly Foreign Owned Enterprise (WFOE) in China: 1. Company Investor: 2x Certified Copies of Certificate of Incorporation. They should be certified by the Chinese Embassy or Consulate abroad. Individual Investor: 2x Certified passport copies of the investor(s). Copies should be certified by the Chinese Embassy or Consulate abroad 2. Company investor: 2x Bank Reference Letters showing a good standing 3. Company Investor: Passport copy of:

a) Parent company's director
b) China company's Legal Representative (future director of your Chinese company) and
c) China company's supervisor (future supervisor of your Chinese company) 4. Legal Representative (Future director of your Chinese company) will need to provide 6 photos (2 inches size), and a brief resume. 5. Registered capital (We can discuss the amount depending on your business type) Business Scope (what business activities you want to engage in with your Chinese company?
Remember, there are several types of WFOEs. Check our videos for more info); 6. 8 proposed names for your Chinese company. You can give us English names, and we will help you translate them into Chinese and check the government database if those names are available or not. 7. Office address in China - this one is included in the package. We will register your company in an office building. All WFOEs need to have a physical office, as required by the government, and we can help you get one. After we've register your company, you can rent an office from the location of the city you want to operate your business from, for eg, we can register your company in Songjiang in of our office buildings, and this will be your registered address. But you don't have to operate your business from Songjiang. You can go ahead and rent an office from the center of Shanghai or any other city, and operate your business from there. 8. 4x Letter of Authorization - it's signed between you and us. Meaning that our company will act on behalf of you to register a company for you. 9. For company investor: A Copy of the latest annual audit report from the parent company: provided by a Certified Public Accountant (CPA) and Customs HS Code of proposed Import/Export products in China(we will help you to obtain the latter) These documents are the basic ones you need to establish a Trading, Service and Consulting WFOEs. For Manufacturing, Freight Forwarding, Food and Beverage, documents vary depending on the location.

source: https://www.youtube.com/watch?v=mBTPBVVnwIY

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1 comment:

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