WFOE or wholly Foreign Owned Enterprise simply means setting up a new Business in Mainland China. Setting up a business in China can be a very straightforward process with the correct information. Most business registrations are computerized. Matters such as land lease or banking, factory and office rental, need a Chinese translator and this inevitably means further expense.
We have a wide range of resources at our disposal and have successfully assisted in several projects including factory set-up, office rental and resourcing of employees.
“It is common practice in many countries to have similar things done by a law or auditing firm. However, China is different. All Chinese companies always work with a broker or an agency registered by the Chinese government for these purposes.” These services are more reliable and offer competitive rates.