Insights on managing businesses in China 在中国管理企业见解

This document outlines the basic requirements and steps required to open a Wholly Owned Foreign Entity (WOFE) in China. The legal definition is Limited Liability Company (有限责任公司).

A Wholly Foreign Owned Company (WOFE) has the advantage of perform business transactions in CNY and exchange profits into USD. It can be expanded to have import/export rights . . . → Read More: Incorporation of WOFE in China