WFOE Registration in China

Required documents include: passport copies of shareholders and supervisors (notarized and authenticated), proof of address, bank reference letters, and a feasibility study report. Our team will guide you through the document preparation process and assist with notarization requirements in your country.

For most industries, there is no mandatory minimum registered capital under Chinese law. However, the capital should be sufficient to support your business operations. We recommend considering factors like office rent, employee salaries, and operational costs when determining your capital amount.

Yes, after obtaining your business license, we assist with opening both RMB basic accounts and foreign currency accounts at major Chinese banks. The process typically takes 1-2 weeks. We have relationships with multiple banks to expedite the process.

A FICE (Foreign-Invested Commercial Enterprise) is a type of WFOE that can engage in trading activities—importing, exporting, and domestic distribution. If you plan to buy and sell goods, you'll need a FICE. Regular WFOEs are typically for manufacturing or service activities only.

For most of the registration process, you don't need to be in China. We handle the paperwork and government submissions on your behalf. However, for bank account opening, some banks may require the legal representative's presence. We can arrange video verification options with certain banks.

After registration, you'll need to: file monthly tax returns (even with zero revenue), submit annual reports to the AMR, maintain proper accounting records, and renew business licenses periodically. Our All-In-One package includes these compliance services to ensure you stay in good standing.