Incorporation of WOFE in China

公司设立 [gōngsī shèlì] Incorporation

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

Comparison: Small Business Owners and Entrepreneurs

企业家 [qǐyèjiā] Entrepreneur

In the La Trobe GSM subject ‘Entrepreneurial Business Planning’, Kama Knudsen and I researched and presented and compared and contrasted the definitions of a Small Business Owner and an Entrepreneur.

Below is the summary of this research:

 

Defining The Small Business Owner

An individual who establishes, independently owns & manages a business . . . → Read More: Comparison: Small Business Owners and Entrepreneurs