We've helped hundreds of foreign investors to start their business in China and provide one stop service for those overseas investors. Registration service includes registration of representative office, foreign invested company (WFOE) and branch of foreign invested company. Our senior consultants are very proficient in local policies who can design appropriate service plans for different clients. Our close relationship with local government departments usually help our client save time and get approval more easily. We also provide services of annual inspection, address change and representative change for company and Rep office.
Foreign investors are usually trying to make a choice between WFOE and Rep office. We hope our following explanation will help you get the idea of which one is the right choice.
Foreign invested company (WFOE)
China govenrment is now encouraging foreign investors to set up company in China. Especially in Ningbo, 100,000RMB registered capital will be the minimum required capital for a foreign invested trading company. Different from Chinese domestic company, WFOE doesn't have to transfer the registered capital to China before the registration starts. All registered capital is allowed to be in place within two years after the registration. WFOE can also apply for license of export and import after the registration. The structure of a company usually requires it to keep more regular staff comparing a Rep office. Although WFOE registration documents are much more than a Rep office, Reach can help clients prepare most of the registration documents which will save great energy for the clients.
Representative Office
China representative office is a branch in China who represents the overseas company. Representative office is not a separate legal entity. It cannot do business directly which means it cannot sign any purchasing contract with Chinese supplier or make invoice. But with many natural advantages, representative office is the first choice for many foreign enterprises. Short registration period and no registered capital required make it possible for foreign enterprises to start their business in China in a quick and inexpensive way. Representative office can also employ Chinese staff through local HR outsourcing company like Reach.
Process of Establishing Rep. Office & Invested Company
