China Consulting Company Registration
Registration of a China Consulting Company is simple, the limited-liability type company is called a Wholly Foreign Owned Enterprise, abbreviated WFOE or WOFE. It is a commonly used investment vehicle for mainland China-based businesses. So what defines a WFOE? The unique feature of a WFOE is that the entity is 100% owned and capitalized by foreign investors and operating without a local (Chinese) partner. This maintains greater control over your businesses operations, targets and profits of the company, allowing the mother company to concentrate on its own operations.
A WFOE is the favorable option for an overseas company that wants to permanently incorporate into mainland China.Setting up a China Consulting Company is the the most common type to company structure in China. A Consulting Company can be used for general type of business activities and can regarded as the “margarita pizza” of China type enterprises as you can add “ layers” as in Business scope to change the activities of the company.