As China is moving rapidly to a more open and liberal economy, it offers several possibilities for foreign individuals and enterprises to do business in China.
Foreign investors may choose to set up a WFOE, which is completely owned by one or more foreign shareholders, either entities or individuals, or they can also choose to set up a JV, which is collectively owned by both foreign and Chinese shareholders.
Currently WFOE is the most commonly adopted type of business by foreign investors and JV is also preferred when they need to partner up with Chinese investors or in some special business sectors such as mining, education, entertainment, etc. where a portion of Chinese investment is mandatory by law.
As an industry-leading corporate and HR specialist, WOS UNION can assist with selecting the most suitable form of local presence while taking care of your incorporation procedure and legal entity administration in China.
To suit clients’ various type of business, WOS UNION experts will advise if there are any further licenses required besides the primary business license and provide the related services. According to Chinese laws there are several licenses required in occasions such as the following:
Hong Kong Office
Room 07, 12/F., Chevalier Commercial Centre, 8 Wang Hoi Road, Kowloon Bay, Hong Kong
Room 206, 375 Zhongren Road, Jiading District, Shanghai, China 201802
Unit 2310, 236 Huizhi 2nd Road, Panyu District, Guangzhou, China
For better administration and service to our clients, effectively from 1/10/2021, LiBrighten will be renamed as WOS UNION and our updates of website are still underway. Our email domain will be updated accordingly but you may still contact us with the old email domain (and you will receive our reply under the new email domain).