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 The overseas companies done business for two years can set up a Wholly Owned Foreign Enterprises (WOFE) in Shanghai upon application and approval.

 

Characteristics of a WOFE

 

Wholly Owned Foreign Enterprise (WOFE) is a limited liability company, the establishment of which is governed both by the Company Law of the People’s Republic of China (PRC) and Law of the PRC on Enterprises Operating Exclusively with Foreign Capital .
A WOFE can engage itself in approved business activities and issue tax invoices on its own. It is a corporation and a tax resident. All shareholders of WOFE should not be Chinese nationals, except Hong Kong and Macao residents.

 

How ruanyin counsting can help you?

Ruanyin Consulting, a leading Company Registration and accounting firm in Shanghai. We helping foreign investors establishing their business presences in shanghai. Moreover, we provides business consulting services for clients interested in starting their business and assist companies interested in China market to establishing and structuring their entities in China. Ruanyin consulting is a specialist in guiding small, medium size, and family-owned businesses to start & expand their operations in China market. We love to help our clients step into this market properly. And, we're good at it. We are cost effective - From 20% to 50% cheaper than our main competitors
_ Formation of corporate and business structures in Shanghai
_ Full corporate management services
_ Registered office, business office, mail redirection and business centre
_ Accounting and re-invoicing services
_ Tax and asset planning services
_ Asset protection and preservation advisory services
_ Business establishment services
_ Market exploration services

China WOFE - Our fee for this type of China company formation starts at RMB 8000, although total engagement costs depend on the range of the professional services required.

 

 

How to register a representative office in China

Documents

1. Application form (“Application form” Model) which should be signed by authorized persons.

2. Certificate of the foreign company which should has been set up above 2 years; Address certification of the foreign company.

3. Article of association of the foreign company.

4. Authorization letter for the person who has right to sign the documents on behalf of the foreign company.

5. Appointment letter of the RO chief representative. Copy of the chief representative individual certificate.

6. Certification for the foreign company’s bank standing.

7. Resumes of the RO chief representative, 4 copies of 1 inch photo.

8.Office lease agreement and the certificate of the property, rent period should exceed 1 year

 

Please Note that

1.       the above documents No.2 to No.6 should be notarized by domestic notary organization and be legalized by the domestic Embassy, if the foreign company is located in HongKong, the legalized organization is “中国法律服务(香港)有限公司”.

2.       Please note that the signature can not be signed in ballpoint pen. All the signature should be signed in gal pen or ink pen.

 

Information need be provided to government

 

1.       Information for Representative Office (RO):

RO’s Chinese name:

RO term of residence:

Name and nation of the Chief Representative of the RO:

Entry date in Chinese of the Chief Representative:

Residence address of the chief representative:

 

2.       Information for RO’s headquarters:

Business scope:

Foreign company’s name in English:

Foreign company’s name in Chinese:

Address of the foreign company:

Foreign company’s term of residence:

Person in the foreign company who has right to sign the documents:

Type of the foreign company: Limited liability? Unlimited liability?

Foreign company’s assets (US$):

Foreign company’s business scope: 

 

Post Incorporation Services
After we incorporated your business in China, we could provide you following services which will cover: Accounting Services,Payroll Services,Social security Registration,Trademark Registration in China,Visa services,Deregistration services.