China, an ancient, mysterious and beautiful land, is the third largest country in the world. Chinese Succession Law is based on either statutory succession, testamentary succession or legacy. The most used services we provide in China is the Wholly Foreign-Owned Enterprise (‘WFOE’) which is a limited liability company that is entirely funded by one or more foreign entities. WFOE is the most popular form of foreign invested enterprise in China because it allows for the most freedom in business management. While establishing a WFOE requires large overhead investment (in comparison to a representative office), it creates an independent legal entity that can engage in profit making business, address human resources of its own accord, and expand to create subsidiaries.
The currency of China is the Renminbi (RMB).
China is attractive for the following services:
- Corporate services (Wholly Foreign-Owned Enterprise or Representative Office)
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