Trading WFOE should be less than 500,000 RBM.Consulting WFOE should be less than 300,000 RBM.The basic requirements or eligibility are Any international enterprise that desire to process, manufacture or assemble in China get registered under this category in general. The total liabilities of such companies is a maximum up to the value of registered capital put into the business. The entire shareholding of such companies is that of foreign individuals. It is basically a limited liability company which has been formed under the Chinese Company Law. PRIVATE ENTERPRISEĪlso known as the non state owned enterprise are the most common company type in China they are owned by the Civilian citizens of the country. They are set up by the government only and function in key areas like telecommunication, aerospace, electric power etc.

But after the 1980s such companies did see a decline with the emergence of other types. All of them were owned by the government. Initially all the companies in China were under this category. The company desiring to obtain a registration first need to see under which category do they fall?

Joint Venture Company registration in ChinaĪs per the need and financial capacity of the enterprise the company can go ahead and decide as to what type of registration they would want to go for.

China has these basic types of business entities registered Once the company is well settled in the country they might move ahead for individual registration as well. To start a company in China with limited expenses it is more advisable for a foreign company to work with such umbrella companies. The fee structure too is quite high so there are Umbrella Companies who function on behalf of the foreign company to do business in China. But in general, it has been observed that the rules and regulations and the administrative organizations have made it very difficult for any company from outside to incorporate in China. Although the cost of manpower and easy availability of skilled labours have attracted many foreign with the idea to register a company in China and work.

There are both native and foreign companies functioning in the country following this rule. For any company to function in China Company Registration with the Government is a must.

Umbrella corp china