What is the Advantages of WFOE in China?

What is the Advantages of WFOE in China?

Since: May 11

India

#1 Sep 26, 2012
Hello Guys,

I have little view on WOFE in China. The Wholly Foreign Owned Enterprise (WFOE or WOFE) is a Limited liability company wholly owned by the foreign investors. In China, WFOEs were originally conceived for encouraged manufacturing activities that were either export orientated or introduced advanced technology. However, after China's entried into the WTO, these conditions were gradually abolished and the WFOE is increasingly being used for service providers such as a variety of consulting and management services, software development and trading as well. With that, any enterprise in China which is 100% owned by a foreign company or companies can be called as WFOE. I want to know regarding the advantages of WFOE in China. Any idea on it, kindly share with me.

Thanks a lot!
Barker Hicks

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Investment Services Discussions

Title Updated Last By Comments
News With corporate help, Obama announces actions on... (May '14) Sep 2 Galt 87
News Gary Cohn Says He'll Stay Because Neo-Nazis Won... Aug 29 C Kersey 1
News Ann Coulter Might Dump Her 'Emperor God' Trump ... Aug '17 C Kersey 2
News Charlottesville violence revives painful past f... Aug '17 Timmy 2
News Share on LinkedIn Aug '17 positronium 13
News Franklin Resources Inc. Sells 629,062 Shares of... (Mar '17) Jul '17 Anonymous 4
News Soros Says U.S. Carbon Cap Would Spur Billions ... (Jan '10) Jul '17 Mail order bride 39
More from around the web