WFOE China – Start A Business In China
WFOE China – Start A Business In China
Free Online Articles Directory
Why Submit Articles?
Top Authors
Top Articles
FAQ
ABAnswers
Publish Article
0 && $ .browser.msie ) {
var ie_version = parseInt($ .browser.version);
if(ie_version Login
Login via
Register
Hello
My Home
Sign Out
Email
Password
Remember me?
Lost Password?
Home Page > Business > WFOE China – Start A Business In China
Categories
AdvertisingArts & EntertainmentAutomotiveBeautyBusinessCareersComputersEducationFinanceFood and BeverageHealthHobbiesHome and FamilyHome ImprovementInternetLawMarketingNews and SocietyRelationshipsSelf ImprovementShoppingSpiritualitySports and FitnessTechnologyTravelWriting
WFOE China – Start A Business In China
By: Steve
Posted: Nov 19, 2010
]]>
So, you’re ready to setup your business in China. Now you must decide what is the best legal structure to use to conduct business in China.
There are generally three choices to choose from, the Representative Office (Rep Office), Wholly Foreign Owned Enterprise (WFOE), or the Joint Venture.
The Rep office and the WFOE offer the most control and are the two most preferred choices unless there are some special circumstance that might force you to form a Joint Venture.
How do you decided between these two types of company formation? The most basic deciding factor is whether or not you will need to issue a Chinese tax receipt, called a fapiao, to your customers.
If your customers are Chinese businesses or Chinese consumers than they will most likely require a tax receipt. If your customers are multinational corporations than it might be possible to process payments outsite of China and avoid the Chinese tax receipt.
Read more articles
Chinese Negotiation Style – Meetings
Conducting Business In China – 3 Habits
Chinese Negotiation Style – How Chinese Say No
Conducting Business In China – Contracts
Only the WFOE is able to issue Chinese tax receipts. In addition to being able to issue tax receipts, the WFOE also allows the foreign business to have independence and to formally conduct business. The WFOE is also able to convert RMB profits to US dollars. The Rep Office is unable to issue tax receipts and is more restricted in the scope of work it is able to perform.
It usually takes 3 to 6 months to setup a WFOE. This includes registering with the various government offices.
These days, most foreign business that have a permanent presence in China are choosing the WFOE because it gives them full legal standing and indepedent control of their business within China.
If you would like to get more information about doing business in China, visit us at our webstie.
Looking forward to seeing you here in China soon.
WFOE, WFOE China, Conducting Business, Business In China, Chinese Negotiation, Chinese Negotiating, China Negotiation, Chinamarket, ChinaWeb, China Negotiating, Negotiation Style, Negotiating Style, China Customs, Chinese Customs, China Etiquette, Chinese Etiquette, Chinese Manners, China Manners, China Business, Chinese Business, China Culture, Chinese Culture, Customs and Practice, Business Etiquette, Business Customs, Business Practices, International business
Steve – About the Author:
Steve Hubbard first came to China in 1988 and has been living and working here since 2006. To go about conducting business in China and the Chinamarket, learn China business customs and practices, as well as some China fun facts.
For more fun facts about China and business etiquette in China visit:
http://www.YourGuideToChina.com/WFOE_China.html
Source: http://www.articlesbase.com/business-articles/wfoe-china-start-a-business-in-china-3697084.html
]]>
Increase your traffic today just by submitting articles with us, click here to get started.
Liked this article? Click here to publish it on your website or blog, it’s free and easy!
Rate this Article
1
2
3
4
5
vote(s)
0 vote(s)
Feedback
Print
0) {
ch_selected = Math.floor(Math.random()*ch_queries.length);
if(ch_selected == ch_queries.length) ch_selected–;
ch_query = ch_queries[ch_selected];
}
}catch(e){
ch_query = document.title;
}
]]>
Article Tags:
wfoe, wfoe china, conducting business, business in china, chinese negotiation, chinese negotiating, china negotiation, chinamarket, chinaweb, china negotiating, negotiation style, negotiating style, china customs, chinese customs, china etiquette, chinese etiquett
Latest Business Articles
More from Steve
What To Look For In Removal Boxes
Removal boxes come in handy in any of our packaging and storage concerns. We can use it to remove clutter from our house by boxing up old items and stashing them away or putting them in a yard sale. But mostly, they become much dependable when moving to a new place.
By: Chris Jones
Business
May 26, 2011
Handicraft Suppliers all set to end 2011 on a high
A brief overview of the handicrafts industry for the india based handicraft suppliers and manufacturers.
By: Amit S
Business
May 26, 2011
Accessing the Relevance of Companies in Their Efforts of Regulating the Increasing Gas Prices by Offering Cheapest Gas Alternatives
Presently, the UK population is spending more than one thousand pounds on utility bills per year. Gas prices in the UK are continuously increasing at an alarming rate making customers to be in desperate conditions.
By: Jennifer Obodo
Business
May 26, 2011
The Cheapest Gas and Electricity Tariffs’ Dark Side
It is undoubtedly convenient to acquire the cheapest gas and electricity rates offered by suppliers. This is due to the numerous benefits you will be able to enjoy. Apart from saving your money, you will also enjoy convenience, freedom, etc.
By: Jennifer Obodo
Business
May 26, 2011
Cheapest Gas and Electricity Rates Are Very Beneficial
The cost of living is rising every day and people are now seeking ways in which to cut down on their expenditure. Finding the cheapest gas and electricity is one way to do this.
By: Jennifer Obodo
Business
May 26, 2011
Chinese Negotiation Style – How Chinese Say No
Conducting business in China you should be aware of China business customs and practices. If you setup a company in China than learn about China patents and the Chinese negotiation style. Visit our website to learn 3 habits to help you succeed in China.
By: Steve
Business
Nov 26, 2010
China Patent – Setup Company In China
Conducting business in China you should be aware of China business customs and practices. If you setup a company in China than learn about China patents and the Chinese negotiation style. Visit our website to learn 3 habits to help you succeed in China.
By: Steve
Business
Nov 24, 2010
Chinese Negotiation Style – Talking Business
Conducting business in China you should be aware of China business customs and practices. If you setup a company in China than learn the Chinese negotiation style. Visit our website to learn 3 habits to help you succeed in China.
By: Steve
Business
Nov 23, 2010
Chinese Negotiation Style – Meetings
Better understand the Chinese negotiation style when conducting business in China. To enter the Chinamarket and Chinaweb learn China business customs and practices. Here we talk meetings.
By: Steve
Business
Nov 22, 2010
Conducting Business In China – 3 Habits
Better understand the Chinese negotiation style when conducting business in China. To enter the Chinamarket and Chinaweb learn China business customs and practices. Here we talk meetings.
By: Steve
Business
Nov 22, 2010
Related Videos
Changing Businesses Within China
The Rules of Engagement in China
Marc Ecko on China’s Growth
Ask a question
Ask our experts your Business related questions here…
200 Characters left
Related Questions
What are the risks of doing business in china?
How to start a business in California?
Why is India compared with China in International Business
]]>
Related Articles
China Patent – Setup Company In China
Chinese Negotiation Style – Talking Business
Need Help?
Contact Us
FAQ
Submit Articles
Editorial Guidelines
Blog
Site Links
Recent Articles
Top Authors
Top Articles
Find Articles
Site Map
Mobile Version
Webmasters
RSS Builder
RSS
Link to Us
Business Info
Advertising
Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2011 Free Articles by ArticlesBase.com, All rights reserved.
Article from articlesbase.com
