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WFOE

Trusted Counsel Required for Drafting WFOE & JV

WFOE & JV

Among other transitions, one of the notable developments observed in China is the country’s approach for getting more legalistic with the overseas companies operating over here. Often it is noted that, foreign companies pay very little attention to China’s growing legalization protocols. The consequence is they end up tangling in …

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Why Foreign Companies Prefer WFOE as their China Business Entity

WFOE

The Wholly Foreign Owned Enterprise (WFOE or WOFE) is a Limited liability company wholly owned by the foreign investor(s). It offers a wider business scope compared to a representative office (RO), and possesses several unique features. WFOE includes- Free Trade Zone company Representative Office Joint Venture Partnership enterprises Although China …

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Chinese Lawyers Advice on WFOE in China Paying Non-Chinese Employees

WFOE in China

The question of paying a non-Chinese employee from the original company established outside China has been making rounds since a long time. Chinese lawyers often face this question from the foreign and parent company. They reply in affirmative because it is legal to pay the non-Chinese employee by the parent …

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