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As a crucial part of the Guangdong Pilot Free Trade Zone, Shenzhen Qianhai Free Trade Zone is a main part of the economic cooperation between Shenzhen and Hong Kong, covering an area of 28.2 square kilometers and including Qianhai and Shekou.
The zone can be divided into three industrial areas: Qianhai Finance Business District, which mainly focuses on developing finance, information services, technology services and other professional services; Shenzhen West Port Area that centers…Continue
Shenzhen business setup process usually takes several steps. In this exposition, Tannet present a brief introduction to the registration procedures of WFOE (wholly foreign owned enterprise) in Shenzhen. As its name suggests, a wholly foreign owned enterprise, also known as a WFOE or WOFE, is a limited liability Chinese company which is invested into with 100% foreign capital and owned by only foreigners. There are typically three categories that foreign companies' new China outfit will fit…Continue
Shenzhen business setup process (WFOE) will not only involve in the company licenses application with Shenzhen relevant department, but also cover many different important points before move forward.
A Wholly Foreign Owned Enterprise is a privately held limited liability company in Shenzhen in which all the shareholders are foreign. It is the most favored investment vehicle as it gives full autonomy and control to the foreign parent company.
Step 1: Define Your Chinese…Continue
Shenzhen company registration (WFOE) registration is one of Tannet’s business registration services. Wholly Foreign Owned Enterprise (WFOE) is the most popular among foreign investors to start up their business in China.
Steps for forming a WFOE in Shenzhen typically consist of the following but Not limited to
1. Determine if the proposed WFOE will conduct a business approved for foreign investment by the Chinese government.
For example, in the past years,…Continue