China WFOE Formation Service
for Hong Kong and overseas enterprises
AsiaBC is a Hong Kong corporate service firm with partners in the mainland China, we can support you to incorporate a China WFOE based on your requirement.
Under the corporate laws in the People’s Republic of China (PRC), Wholly Foreign-Owned Enterprise (WFOE) is the mainland China-based business entity designated for non-PRC enterprises to establish their limited liability company in mainland China. WFOE can realize total control in operation and finance in the view of their foreign parent enterprise.
For foreign enterprise, setup of China Representative Office (RO) is more feasible than that of WFOE when trading and invoicing with customers and suppliers in the mainland China are not necessary. Furthermore, China RO is simpler to setup than that of WFOE.
|Types of WOFE||Minimum Registered Capital (minimum mandatory capital injection amount)|
|Setup in Free Trade Zone||RMB 10,000|
|Consultancy||RMB 100,000 – RMB 500,000|
|Servicing||RMB 100,000 – RMB 500,000|
|Hi-Technology||RMB 100,000 – RMB 500,000|
|Trading / FICE / Retail||RMB 500,000 – RMB 1,000,000|
|Food & Beverage||RMB 500,000 – RMB 1,000,000|
|Manufacturing / Production||RMB 1,000,000 or USD 140,000|
All documents in foreign language must be translated into Simplified Chinese by China Embassy.
Kindly contact us for a initial consultation for free.