WFO ENTERPRISE PRESENTATION

Overview
Advantages Of WFO Enterprise
Business Scope
Registered and paid-up capital
Taxation
Annual Return
Employment
Term And Termination
Documents Required
Procedures
Our Service
How to Begin
WFOE means wholly foreign owned enterprise. If you want to invest in Shang hai China, you don't just turn to the relevant government departments for so many certificates and formalities, but turn to HKCFM. At HKCFM we don't just give service, we are familiar with authorities' formalities. We are able to finish the formation of your company to your satisfaction.

OVERVIEW OF WFOE
The Wholly Foreign Owned Enterprise(WFOE) is a Limited liability company wholly owned by the foreign investor(s). In China, WFOEs were originally conceived for encouraged manufacturing activities that were either export orientated or introduced advanced technology into China. However, with China's entry into the WTO, these conditions were gradually abolished and the WFOE is increasingly being used for service providers such as a variety of consulting and management services, software development and trading as well. Back

ADVANTAGES OF WFOE
From the foreign investors' point of view, the advantages of establishing a WFOE include: Independence and freedom to implement the worldwide strategies of its parent company without having to consider the involvement of the Chinese partner; Ability to formally carry on business rather than just a representative office function, Issue invoices to their customers in RMB (Chinese Currency) and receive RMB revenues. .Convert RMB profits to US dollars for remittance to their parent company outside China, Employ staff directly within China, Protection of intellectual know-how technology and trademark. Not required to share profits with Chinese counterpart; and Greater efficiency in its operations, management and future development; Back

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