Companies seeking to form a WFOE in China are often confused about Chinese law regarding the minimum registered capital requirements for forming a WFOE. Part of the confusion stems from disreputable entity formation companies that encourage their hiring by claiming they know exactly how much will be required and that they have the ability to
How to Start a Business in China
China Joint Ventures And WFOEs. Don’t Jump The Gun On Your Capital Contribution.
By Dan Harris on
Posted in Internet, Legal News
Not sure why (the bad economy?) but we have been getting a rash of China joint venture deals and possible deals over the last six months or so, many of which involve a United States company wanting to enter into a Joint Venture with their China manufacturer so as to work jointly on manufacturing and…
How To Form A Company In China. The Basics.
By Dan Harris on
Though we often talk generally about what it takes to form a company in China, a reader recently pointed out to me that we have never set out the basic steps one must take to do so. The following sets out the basic steps a foreigner usually must take to form a Wholly Foreign Owned …
How To Start A Business In China — The Minimum Capital Requirements For A WFOE
By Dan Harris on
Posted in Basics of China Business Law
Yesterday, in a post entitled, “How to Start a Business in China — WFOE,” we discussed the basic requirements for forming a wholly foreign owned entity (WFOE or WOFE) in China. One of the questions we are most frequently asked about how to form a WFOE in China is is how much the…