Source: South China Morning Post With Singapore hosting the Maritime Week recently, many observers and commentators have been waxing lyrical about the island-state’s status as the maritime capital of the world. When doing so, they refer to the size of the shipping industry. Headlines have referenced the Menon report this year, which places Singapore at [...]
China's moves to further ease foreign investment policies will open doors in some monopoly sectors this year while prohibiting local governments from curbing foreign companies, experts said. Their comments came after the State Council issued a document late last month outlining 20 measures to spur declining investment activity, including opening the service and financial sectors, [...]
With in-depth understanding of Chinese market of foreign investors, many of them tend to set up wholly foreign-owned enterprise to do business. Setting up wholly foreign-owned enterprises will not only enable the investors to increase marketing decision and response speeds, but also provide the greatest security for the investors to protect their scientific research confidentiality [...]
Tax system for foreign enterprises located in China depends on the company`s structure. This article focuses on the taxation for WFOE (Wholly Foreign Owned Enterprise, also called WOFE), that is to say a Chinese corporation totally owned by foreign investors. WOFE doing business in China are liable to the following types of taxes: Income Tax [...]
There are three most common entities for Foreign investor as follows: Wholly owned Foreign enterprise ( “WOFE”) Representative office ( “RO”) Joint venture ( “JV”) In this article we are trying to describe the difference between WOFE and RO in terms of Allowable activities, setup procedure, Capital Requirement, Employment and Tax. […]
THE CONCEPT OF WFOE WFOE stands for wholly foreign owned enterprise, which is a limited liability company wholly owned by either a foreign legal entity or a foreign natural person. Our Services Foreign Investment Enterprise Sino-Foreign Co-operative Joint Venture Foreign Representative Office Joint Annual Exam China Company Deregistration Difference Between Two Common Entities in China [...]
