Do you want to register a wholly foreign owned enterprise (WFOE) in Guangzhou? Then ask Webond for help.
Firstly, let’ s make it clear what is the definition of a wholly foreign owned enterprise. It is a limited liability company wholly owned by the foreign investor(s). The foreign investor(s) can be a nature person or a legal entity, including those from Hong Kong, Macau and Taiwan.
Generally speaking, for manufacturing and trading enterprise, the registered capital is required RMB 1 million or above. Once the business license is issued, 15% of the registered capital should be paid up during 3 months, with the balance being remitted within 2 years. All of the registered capital can be paid in one time or several times.
Next, the following materials are required to deliver to us for the registration after you have got ready the registered capital and confirmed the company name, shareholder and business scope.
(1) For individual investor:
A. 2x original Passport copies of Investors need be notarized by local lawyer and endorsed by Chinese embassy or consulate;
B. 2x original Bank Reference Letters from investor’s bank;
C. 2x original leasing contracts.
(2) In the name of foreign company:
A. 3x original Certificate of Incorporations (like Articles of Incorporation or Equivalent document notarized by local lawyer and endorsed by Chinese embassy or consulate);
B. 2x original Bank Reference Letters from investor’s bank;
C. The latest annual audit report copy from the parent company provides by a CPA (For the parent company established over one year);
D. 2x original office leasing contracts.
CONTACT PERSON: Nicole
