Wholly Foreign-Owned Enterprise in China: Part 1
What is it?
The Wholly Foreign-Owned Enterprise (WFOE) is a privately held limited liability company in China in which all the shareholders are foreign.
It allows full autonomy to implement the strategies of its parent company, without having to consider the involvement of the Chinese partner.
Abilities of WFOE:
What are the types?
WFOE are mainly classified (not limited to) the following 3 types:
Things to Note:
During your WFOE application, take note of requirements such as:
The information provided serves as a general reference guide and is not strictly advised by Funds Partnership Asia.