Your Partner for Company Registration Services in China
⸻ Power up with Business Registration in China ⸻
Top Investment Structures
Before launching a business in China, foreign investors must clarify their long-term and medium-term goals. Exciting corporate set-up options await. These options include Equity Joint Ventures, Cooperative Joint Ventures, Wholly foreign-owned Enterprises (WOFE), and Representative Offices (RO). Each structure offers distinct legal requirements, benefits, and perks. Here’s a quick look at Company Incorporation in China with WOFE and RO!
Our Company Incorporation in China Package
Representative Office (RO)
Location Covered :
Shenzhen, Guangzhou, Shanghai, Hangzhou, Beijing
(anymore of the above)
Activities :
No Profit generating activities in china
Legal Status :
Not an independent legal entity in china
Employees :
Cannot directly hire local staff in China
Visas :
Can Apply for Work Visa for foreign workers
Capital :
No Investment Capital Requirement
Need to Appoint Chief Representative
Require to pay tax in China
50% Advance, 50% after obtaining the business license
Our Service Fee :
HK$15,000
It includes the following
- Apply the Business License
- Lease agreement preparation
- Bank Accounts opening
- Tax registration
- Company Chops
- Government Fees
Wholly Foreign Owned Enterprise (WOFE)
CONSULTING
Location Covered :
Shenzhen, Guangzhou, Shanghai, Hangzhou, Beijing
(anymore of the above)
Business Scope :
CONSULTING SERVICE ONLY
Legal Status :
An independent legal entity
Employees :
Can enter into employment contracts with local and foreign staff
Visas :
Can Apply Work Visa for foreign workers
Capital Requirement :
Starts From RMB150,000
Need to Appointment a legal Representative :
General Manager:Director/Board of Directors
A lease agreement/office address is required
50% Advance, 50% after obtaining the business license
Our Service Fee :
HK$28,000
It includes the following
- Name Registration
- Apply for the Business License
- Lease agreement preparation
- Bank Account Opening
- Tax Registration
- Company Chops
- Government Fees
Wholly Foreign Owned Enterprise (WOFE)
TRADING
Location Covered :
Shenzhen, Guangzhou, Shanghai, Hangzhou, Beijing
(anymore of the above)
Business Scope :
TRADING and CONSULTING
(Includes International and Domestic Sales, Import and Export Rights)
Legal Status :
An independent legal entity
Employees :
Can enter into employment contracts with local and foreign staff
Visas :
Can Apply Work Visa for foreign workers
Capital Requirement :
Starts From RMB150,000
Need to Appointment a legal Representative: General Manager:Director/Board of Directors
A lease agreement/office address is required
50% Advance, 50% after obtaining the business license
Our Service Fee :
HK$35,000
It includes the following
- Name Registration
- Apply for the Business License
- Lease agreement preparation
- Bank Account Opening
- Tax Registration
- Import and Export License
- Company Chops
- Government Fees
Wholly Foreign-Owned Enterprise
A Wholly Foreign-Owned Enterprise (WOFE) is a business in China that’s fully funded and operated by foreign individuals or firms, with 100% foreign ownership—no need for Chinese partners. Even if multiple foreign partners invest together, it still qualifies as a WOFE under Chinese law, making Company Incorporation in China straightforward and giving you full control of your venture.
Independent Legal Entity
100% Foreign Owned
Can Generate Revenue
A WOFE is a legal entity structured as a limited liability company.
Shareholders' liability is limited to their invested assets. Company Incorporation in China requires currency input or equipment contribution, with the registered capital matching the business's scale.
The Chinese government has expanded the scope of Company Business Registration in China for WOFEs, allowing them to operate in sectors like consulting, trading. However, some industries still have restrictions.
Harness Full Control with WOFEs in China!
WOFEs offer foreign investors complete control over major decisions, products, and costs. This structure not only enables strategic alignment with the parent company, but also enhances protection of intellectual property. With Business Registration in China, WOFEs empower you to operate independently, while safeguarding your assets. Register your company in China with BOOM
Requirements for setting up a WOFE
Registered Office Address
Some local governments allow the WOFE or RO to register using a virtual office address. However, whether you use a virtual office or a physical address, you need to prepare a lease agreement with a minimum 12-month period for registration
Registered Capital Requirement
Type of the WFOE
Estimated Capital Requirement
Consulting WFOE
USD 20,000-USD40,000
Trading WFOE
USD 35,000 -USD100,000
Manufacturing WFOE
Min USD150,000
( The New Company Law requires a company's shareholders to fully pay in their subscribed registered capital within five years of the company's establishment )
Business Scope
WOFE can only conduct business within its approved scope, which ultimately appears on the business license. One of the most important issues in the WOFE application is business scope. Any amendments to the business scope require further application and approval. The business scope of a company in China is not as broad and general as in other countries
Role of the Legal Representative
The legal representative of a company serves as the authorized legal agent of the company, with the power to act as the company’s principal representative. As the main figurehead, the legal representative must act in accordance with Chinese regulations and the articles of association.
This chosen individual is responsible for representing a company’s interests and undertakes the duties and risks of the role. Given the level of responsibility and potential liability connected to the position, careful consideration should be taken regarding who is assigned to the role.
Steps for setting up a WOFE
Pre-Registration Stage
- Notarization of the statutory documents of the shareholders
- Company Name search and reservation
- Preparation of the lease agreement
- Define the Business Scope
- Appointment of the Legal Representative, Directors/ Board of Directors/ General Manage
- Preparation of the Registration Documents
Registration Stage
- Apply Business License
- Filing of Foreign Direct Investment Report requirement by Municipal Commission of Commerce.
- Assist in engraving the company chops.
- Apply Import and Export license ( If applicable)
- Bank Account Opening ( both the Capital and Basic Account)
- Set Up Online tax system with the local tax bureau
Timeline for different types of WOFE
Business Plan or Free Quote? Why Not Both? BOOM!
It’s Online—Start Now!
Do you need to generate sales and issue China VAT invoices ?
What's the business nature/activties of the new entity ?
Consulting
This type of company is able to carry out many different types of services: training, consulting, marketing, legal, sales, software, IT
Trading
This type of company has import and export licenses and allows them to trade locally and export internationally
Manufacturing
This type of company is able to carry out manufacturing process and have production line, have imports and exports license and able to trade locally and export internaionally
Where do you want to set up a new entity ?
Have you found an office or warehouse/ space for the new entity ?
Are you going to hire local staff in China ?
Thank you for providing the information to us.
Please enter the email and we will send you the detail business plan and our services fees for your consideration.
What's the business nature/activties of the new entity ?
Set up a Representative Office
Set up a Wholly Foreign Owned Entreprsise
Our China Supporting Services
Post-registration
Annual Company Secretary
Full China Accounting, Annual Audit & Tax Compliance
Annual Tax Clearance
Payroll Calculation and Distribution
Social Security Registration & Filing
Business License Renewal
China Company Health Check
Annual Inspection
Import and Export Licence
Got service queries? No worries! Contact BOOM and let your business bloom!
“ We specialise in complete corporate solutions for business registration in China for multinational enterprises. ”
Have questions or need tailored assistance? Our team of experts will answer promptly with specialized solutions to match what you are looking for.
