Establishing a company in China does not necessarily mean that you can engage in any type of business. In China, WFOE can only operate within the business scope approved by the competent authorities. In addition to the business activities permitted under the license of WFOE(wholly foreign-owned enterprise), further approval is required from the relevant departments. Therefore, it is essential to determine your business scope as soon as possible.
Chinese companies can help you build a Manufacturing WFOE. WFOEs are characterized by 100% ownership, capitalization and operation by foreign investors without local partners. A WFOE allows you to maintain greater control over business operations and revenue objectives. What's more, it allows you to do business in China without requiring local partners. A WFOE is an advantageous choice for overseas companies wishing to enter mainland China permanently.
There are several fac to make WFOE registration