Question: Who can own a Wholly Foreign Owned Enterprise (WFOE) in China?
Answer: Everybody except local Chinese.
Question: What are the advantages to open WFOE?
Answer: You will be treated like Chinese companies by local government when you are doing your business in mainland China.
Question: Do I have to open inside a special location?
Answer: No, you don’t have to. But you do get some of the tax advantages from those special locations.
Question: Can WFOE have international trade licences?
Answer: Yes, but you should apply to the Chinese government.
Question: Can I employ the right people in Main Land China?
Answer: Yes, you can.
Question: Are there differences between special trading zones, development zones, or other special areas, from the tax point of view?
Answer: Yes, it depends on what purpose your company has and where the places are.
Question: Where will be the ideal location for my enterprise?
Answer: It depends on what you are going to do. We will give you a very professional advise on that.
Question: Can the profits be send to the owner aboard?
Answer: Yes, after the owner pay all the taxes.
Question: What’s the limitation on the business scope?
Answer: It depends on what you are going to do.
Question: Can we make changes on the business scope?
Answer: Yes, we can. But you have to apply to the authority and get it approved.
Question: When do I have to pay the paid-in-capital?
Answer: 3 months later after you get your certificate of incorporation.
Question: How long does it to take to get a certificate of incorporation?
Answer: 6 to 8 weeks.
Question: Are there restriction to who can be employed?
Answer: No special restrictions. You can employ people in everywhere of China.
Question: Is the Wholly Foreign Owned Enterprise a formation with limited liability?
Answer: Yes, it is. All the WFOEs are limited liability companies.
Question: Is a Wholly Foreign Owned Enterprise restricted to only conduct business from its registered office?
Answer: No, not any more. You can have an office, which conduct business other than the registered office.
Question: Can a Wholly Foreign Owned Enterprise buy Chinese company?
Answer: Yes, it can.
Question: Where will the final corporate package be delivered?
Answer: The corporate documents will be delivered to your chosen address. Please state this in all your orders.
Question: Does the beneficial owner need to be disclosed to the Chinese authorities?
Answer: No, only the direct owner has to be stated in the registration process.
Question: Who can own a Representative Office?
Answer: Everybody who is not a Chinese citizen.
Question: Are there restriction to who can be employed?
Answer: No, restriction at all.
Question: Can I conduct normal business with Representative Office?
Answer: No, you are restricted. No business activates are legally allowed, like for example writing invoices. The company purpose is to represent you and your company in China.
Question: Is a Representative Office restricted to only conduct business from its registered office?
Answer: No. Representative Office can not have any business activities.
Question: Who should open a Representative Office?
Answer: Those people who want to widen their products or brands in China.
Question: The advantage of opening a Representative Office?
Answer: It depends on what you are going to do.
Question: Can a Representative Office be turned into a WFOE?
Answer: No, but it can open another WFOE very easily.
Question: Can a Representative Office write a bill?
Answer: No, because a representative office is not allowed to make profits or any kind of business activities.
Question: In which jurisdiction must the beneficial owner be disclosed to the authorities?
Answer: The beneficial owner must be disclosed in jurisdictions such as Jersey, Bermuda and Labuan. It is important to note that in some jurisdictions the beneficial owner is not disclosed to the authorities, but to banks and to Registered Agents. In the Bahamas the beneficial owner is disclosed to the Registered Agent. In Switzerland the beneficial owner is to be disclosed to the bank for the opening of corporate bank accounts.
Question: Is it possible to obtain bearer shares in all jurisdictions or in which jurisdictions is it possible?
Answer: Different jurisdictions have different statutory regulations. The Bahamas, Labuan, Hong Kong, Costa Rica, Bermuda, Cyprus, Jersey, Monaco, Singapore, and St. Lucia Jurisdictions have been outlawed Bearer shares.
Question: Can you open bank accounts?
ANSWER: Yes. We provided the service of opening a bank account. It's our company policy to provide a board of directors that consists of two or more when we open a bank account. It is significant to provide professional directors when we are responsible and liable for all the financial and legal activity within the company.
Question: Where will the incorporations Documents be sent to?
Answer: The incorporations Documents will be sent to your chosen address. Please insure you have stated this in your order.
Question: In what intervals do your updated information on your system?
Answer: Information on our web-site is regular updated. Basically immediately on changes in the jurisdiction.
Question: Are you services also available in other methods?
Answer: You can choose between the following methods of incorporate via traditional such as fax, mail and telephone. Of cause all original documentation will have to be sent by traditional mail or courier.
Question: Can you provide directors ? Will you provide a resident director in all jurisdictions?
Answer: In partnership with our associate network, we provide the service of directors and other corporate officer. We offer a board of directors that will consists of two or more members on the board.
Question: A company is incorporate in July 2005, when do I
