Our collection of resources based on what we have learned on the ground

Resources

Q&A

What is involved when establishing a new Wholly Foreign-Owned Enterprise (WFOE) ...

What is involved when establishing a new Wholly Foreign-Owned Enterprise (WFOE) ...

WFOE establishment involves acquiring a business license, then registering with all government bureaus and opening bank accounts. The WFOE establishment process has small variations based on the type of WFOE being established. For example, manufactu...

Q&A

What are the processes of liquidating the old Wholly Foreign-Owned Enterprise (W...

What are the processes of liquidating the old Wholly Foreign-Owned Enterprise (W...

The processes of liquidating the old WFOE in China are: Submit Termination application for approval;  Carry out liquidation obligations;  Deregister with all other relevant authorities.

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Sourcing Model in China: Service Company

Sourcing Model in China: Service Company

The diagram shows how foreign investors can utilize a service company to create a sourcing platform in China.

Q&A

What is a wholly foreign-owned enterprise in China?

What is a wholly foreign-owned enterprise in China?

It is a company established in China according to Chinese laws and is wholly owned by one or more foreign investors. WFOE is of limited liability, i.e.: shareholders will only be liable for the amount of shares that they have subscribed to. The laws ...

Q&A

How many types of wholly foreign-owned enterprises (WFOEs) are allowed by law in...

How many types of wholly foreign-owned enterprises (WFOEs) are allowed by law in...

There are three types that are currently allowed: Service (or consulting) WFOE; Trading WFOE (or Foreign-Invested Commercial Enterprise – FICE); and Manufacturing WFOE   Despite having the same legal identity, they have significan...

Q&A

What are the sector restrictions for wholly foreign-owned enterprises under Chin...

What are the sector restrictions for wholly foreign-owned enterprises under Chin...

According to Guidance Catalogue for Foreign Investment (2012 Catalogue), which is jointly published by the National Development and Reform Commission and Ministry of Commerce, sector restriction applies to the business activities that the Wholly Fore...

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Process of Establishing a Trading Business in India

Process of Establishing a Trading Business in India

The flow chart demonstrates how to establish a trading business in India.

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Definitions of Permanent Establishments

Definitions of Permanent Establishments

The table outlines the requisites for different types of Permanent Establishment (PE).

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Closing a Representative Office in Vietnam

Closing a Representative Office in Vietnam

The flow chart outlines the procedures for closing down a Representative Office (RO) in Vietnam.

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Application Procedures: Investing in China's Development Zones

Application Procedures: Investing in China's Development Zones

The flow chart outlines the application procedures of investing in China's development zone.

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Application Procedures: Investing in Special Economic Zones in India

Application Procedures: Investing in Special Economic Zones in India

The flow chart outlines the application process of investing in India's special economic zones.

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Application Procedures: Investing in Vietnamese Development Zones

Application Procedures: Investing in Vietnamese Development Zones

The flow chart outlines the application process of investing in Vietnam's development zones.

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