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WOFE investor: WOFE is a legal corporate that just has foreign investor(s), the investor(s) can be a foreigner or a Non-Chinese company, or no more than 50 non-Chinese companies and foreigners.
Since March 1, 2014, there is no minimum capital for WOFE, also there is no term limits to inject the capital, before WOFE should inject the full capital within 2 years after registration. What important documents require to register a WOFE in China? 1. Investor business license authenticated by Chinese Embassy of investor country if the investor is corporate, or foreigner passport authenticated by Chinese Embassy of the investor country. For the detail please review the website of Chinese Embassy of the investor country. (two originals, prepare it at investor country) 2. A letter issued by a financial institution which testifies its financial and credit standing. (two originals, prepare it at investor country) 3. Office lease contact, to register a WOFE the Chinese government requires a place to carry out business, the place should be in commercial building or industry building. The resident building is not allowed to register as a WOFE address. 4. Article of incorporation (template available) 5. Business scope 6. Legal representative 1 inch pictures (6 copies) How many WOFE types in China and how long to complete the registration and start to do business? 1. Consulting WOFE, 2-3 months 2. Trading WOFE, 3 months 3. Factory 6 months or more Benefits for WOFE, the capital fund injection is tax-free. Compared to Representative office, WOFE is able to carry out business directly. When it comes to the following changes of your WOFE, we can assist you apply for the new licenses and certificates. 1. Company shareholder change 2. Company Name Change 3. Registered capital changes 4. Registered address changes 5. Transfer of shares 6. Business scope changes |
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