Foreign-Invested Commercial Enterprises (FICE) permit foreign companies to establish fully operational, wholly foreign-owned enterprises that can undertake a huge range of business activities in China, including retail and wholesale domestically, source domestically and import and export.
Download our PDF report to find out more about FICE’s, including the barriers, advantages and incentives for operating a FICE.
Excerpt From The Report
As part of its World Trade Organization accession process, China ratified regulations that permit foreign companies to establish fully operational wholly foreign-owned enterprises that can distribute, act as an agent, retail and wholesale domestically, source domestically, and import and export, and as of 2005, do so all over China. These companies, known as foreign-invested commercial enterprises, also enjoy the 100 percent foreign ownership by which WFOEs are defined. If you and your company are interested in exploring the possibility of establishing a trading enterprise in China, it is important to know what barriers, advantages and incentives await your organization.
