Malaysia Hotline: +603-2141 8908
There are several types of company incorporation in
Nanchang, each serves different functions. We will be able to recommend the
best company structure based on the requirements of the business owner.
Common Types for
Company Incorporation:
1. Wholly foreign owned enterprise (WFOE);
2. Representative Office (RO);
3. Foreign invested partnerships enterprise (FIPE).
4. Cooperative joint venture (CJV);
5. Equity joint venture (EJV);
Nanchang Company
Incorporation - RO
A Chinese representative office (RO) is an institute setup
in Nanchang, representing its parent corporate for liaison with Chinese
counterparts. A RO is not considered to be a separate legal entity. It cannot
directly engage in business operation. However, through which its parent
corporate can enter into contracts with its supplier/customers in Nanchang in
its own name, but not under the name of RO. A representative office is popular
for those who are willing to enter Nanchang at the test period of business and
investment.
Nanchang Company
Incorporation -FIPE
The Foreign Invested Partnership Enterprise (FIPE) is an
unlimited liability business entity without minimum requirements on registered
capital. A partnership in the People's Republic of China is a business entity
governed by the Partnership Enterprise Law passed by order of the President of
the People's Republic of China to authorize and govern partnership enterprises.
A partnership is a type of business entity in which partners share with each
other the profits or losses of the business undertaking in which all have
invested.
Nanchang Company
Incorporation -CJV
In most respects, CJVs are structurally similar to EJVs.
Unlike EJVs, however, CJVs can be established either as a limited liability
company as a non-legal person, in which the partners are subject to unlimited
liability and thus entirely liable for any losses. The rights and obligations
of the JV partners concerning issues such as distribution, investment, operation
and sharing of profits/losses and risks are determined by the individual joint
venture contract.
Nanchang Company
Incorporation -EJV
The corporate form of an EJV is the limited liability
company, which possesses the status of a Chinese legal person. It involves
joint investment and operation and the sharing of profits and losses, as well
as risks in proportion to the partners’ respective shares in the registered
capital.
Nanchang Company
Incorporation -WFOE
The Wholly Foreign Owned Enterprise, abbreviated WFOE, is a
common investment vehicle for mainland Nanchang-based business. The unique
feature of a WFOE is that involvement of a mainland Chinese investor is not
required, unlike most other investment vehicles. WFOEs are limited-liability
corporations organized by foreign nationals and capitalized with foreign funds.
This can give greater control over the business venture in mainland Nanchang
and avoid a multitude of problematic issues which can potentially result from
dealing with a domestic joint venture partner.
Tannet Malaysia is an International Consultant Firm based in Hong Kong, Shenzhen. We provide various of business services such as international company formation, global trademark registration, outsource accounting services and etc. We believe we are your best choice for oversea investment. Kindly contact us for more information on our other services if you are interested.
Contact us:
If you have further queries, please contact Tannet.
24 hours Malaysia hotline：603-21418908;
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36990589;
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