What is a Wholly Foreign Owned Enterprise?-ChinaFIG FDI Consulting Services.
ChinaFig can answer your questions on WFOE’s, along with China business, China incorporations, China investment,
What is a Wholly Foreign Owned Enterprise?
ChinaFIG consultants have rich experiences in providing guidance for foreign investors and they suggest that among the different ways to initiate China Investment, WOFE is good choice.
A Wholly Foreign Owned Enterprise is a legal entity, operating in China, and 100% owned by foreign parties. It provides foreign companies an opportunity to do business in China, without the restriction and limitations of a Joint Venture. There are many types of WFOE’s including, but not limited to, manufacturing, trading, consulting and retail FICE. The establishment process can take anywhere from one to three plus months, depending on the location and complexity of the intended operation.
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