Last Updated: Oct. 7, 2014
Before starting up a business in China, you have to know what the options are. Foreign Investors generally establish a business presence in China in one of five ways: 1. Wholly Foreign Owned Enterprise (WFOE); 2. Partnership Enterprise (PE) 3. Representative Office; 4 . Joint Venture; and 5. Hong Kong company. The differences between each of these are summarized here: 5 modes of business presences in China.
Please check the following links for detailed and updated procedures regarding the registration of the 5 different China structures:
[March 1, 2014 ] No. minimum registered capital is required for WFOEs with scope of business of consulting, Trading, retailing, information technology etc. since March 1, 2014. There are minimum registered capital still required for some industries for instance: Banking, Forwarding etc.
Although there's no min. registered capital required for most WFOEs, it's still advisable to pick up a registered capital within RMB 100,000~ RMB 500,000 (approx. 11,500 ~ 57,000 EURO) for Consulting, Service, Trading or Hi-Tech WFOE registration in cities like Guangzhou, Shanghai, Beijing, Shenzhen, Hangzhou, Ningbo, Tianjin, Chengdu etc. Please contact a Path To China office at the bottom of the page for practical advice if you are planning to incorporate a WFOE in China.
A Foreign Invested Partnership Enterprise (FIPE) may worth a try if investors don't want to put much capital to establish a business in China, check more details about FIPE here
After China’s entry to the WTO, most industries in China welcome foreign investment. WFOE establishment in China became the first option for foreign investors (instead of Rep. Office) in China. At the mean time, for tax purpose, an effective licensing system, and other reasons more and more investors use Hong Kong as the holding company to invest in mainland China, using this offshore company to hold their operations in China. China
China offers great opportunities to investors from all over the world. 'There is no country for entrepreneurship like China. Things just go so much faster than in most other parts of the world', according to Marc van der Chijs, a former Dutch serial entrepreneur in Shanghai, check the article here regarding Chinese entrepreneurship: >>>
As needed, we will help you at every step in order for you to be successful in China. Forming a company in China can be very difficult if you are not familiar with Chinese legislation and the requirements of different authorities. Our professional consultants will help foreign companies to set up in China in the most cost effective way.
- Starting from USD 3,000 you can get your China representative office (RO) registered. The package includes office and tax registration, bank account opening, work permit, 1 year residence visa and tax consulting service for the first one month
- Starting from USD 4,000 you can get your Wholly Foreign Owned Enterprise (WFOE) registered. The package includes all official applications( i.e. business license application, tax application, bank account application)
Please check the details about our service on right top menu or contact us below, one of our representatives will contact with you shortly.
Contact Our Regional Partners in Holland, Beijing, Shenzhen, Shanghai, Ningbo, Hangzhou or Hong Kong for more details: