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
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