Detail About This Listing
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. The foreign investors may be foreign enterprises or individuals from Hong Kong, Macau, Taiwan or overseas.
REGISTERED AND CAPITAL INJECTION
In Guangzhou China, the registered capital could be as low as USD5,000. Different business sectors are subject to different requirements. In Guangzhou, the registered capital is equal to the paid-up capital. For the trading enterprise, the registered capital is usually required USD150,000 or above. For the manufacturing enterprise, the registered capital is usually required USD million or above. For the service sector, such as consultancy, technology, market research and development, the registered capital is usually required USD10, 000 or above. All of the registered capital can be injected in one time (within 3 months after the date of the issuance of the Company's business license) or be injected by many times within two years (In the first 3 months, 20% of the registered capital is mandatory). The terms of payment is determined by the volume of registered capital. If the registered capital is paid in one time, the fee of paid-up capital verification can be reduced.
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