Description

Generally speaking, there are there types of WFOE If the WFOE only be allowed to manufacture here. we can say it&#**9;s manufacture WFOE. If the WFOE is allowed to do Consultancy & Service, we call them Consultancy Service WFOE. If the WFOE is allowed to do Trading, Wholesale, Retail or Franchise in China, we call them Trading WFOE or FICE (Foreign-Invested Commercial Enterprise) The minimum capital to be registered can be as low as USD4, **0 (RMB*0, **0). However, the registered capital is usually much higher than this for practical reasons. The office of WOFE should be within authorized commercial buildings. In fact, all business registration should accompany the duly signed and stamped lease agreement; and, the property certificate of the landlord. The Government officers will ensure that the office is situated in authorized commercial building. WFOE pays enterprise income tax (and other turnover taxes if applicable). The tax rate has been leveled with local Chinese companies at *5% of the net profits. The tax is usually paid on a quarterly basis to the State tax bureau. The establishment of a WFOE normally takes *0 to *0 working days, You can email me for more information Contact: Amy Mobiel: **********9 Office NO.: **************3 Email: *****