Malaysia Hotline: +603-2141 8908
There are several different types of business setup in
Shenzhen, each serves different functions. We will be able to recommend the
best company structure based on the requirements of the business owner.
Company types for business registration:
1.Wholly foreign owned enterprise (WFOE);
2. Representative office (RO);
3.Cooperative joint venture (CJV);
4. Equity joint venture (EJV);
5. Foreign invested partnerships enterprise (FIPE).
Shenzhen Company
Registration-WFOE
The Wholly Foreign Owned Enterprise, abbreviated WFOE or
WOFE, is a common investment vehicle for mainland Shenzhen-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 Shenzhen and avoid a multitude of problematic issues which can
potentially result from dealing with a domestic joint venture partner.
Shenzhen Company
Registration -RO
A Chinese representative office (RO) is an institute setup
in Shenzhen, representing its parent corporate for liaison with Chinese
counterparts. A RO is not considered to be a separate legal entity. It can not
directly engage in business operation and issue the invoice. However, through
which its parent corporate can enter into contracts with its supplier/customers
in Shenzhen in its own name, but not under the name of RO. A representative
office is popular for those who are willing to enter Shenzhen at the test
period of business and investment.
Shenzhen Company
Registration-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.
Shenzhen Company
Registration-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.
Shenzhen Company
Registration-FIPE
The Foreign Invested Partnership Enterprise (FIPE) is a
unlimited liability business entity without minium 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. The FIPE includes two types, one is general FIPE with two or more
general partners, the second one is Limited FIPE with one general partner to
take unlimited responsibilities.
Tannet Malaysia is an international company based in Hong Kong, Shenzhen. We do provide various of services included Offshore and onshore company registration, worldwide trademark registration, work permit application, offshore bank account opening, documentation management and etc. Contact us for more information on our other services.
Contact us:
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Shenzhen hotline：86-755-
36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my