A WFOE typically takes 8-12 weeks from document submission to business license issuance. Representative Offices take 6-8 weeks. Timeline depends on business scope, location, and document completeness.

A WFOE (Wholly Foreign-Owned Enterprise) can conduct full business operations, hire staff, and generate revenue. A Representative Office is limited to market research, liaison activities, and cannot directly engage in profit-making activities or issue invoices.

China removed minimum capital requirements in 2014. However, registered capital should be reasonable for your business scope. Most WFOEs register with RMB 100,000 to RMB 1,000,000 (approximately $14,000 to $140,000 USD).

Yes, WFOEs allow 100% foreign ownership in most industries. However, certain restricted sectors (media, education, telecommunications) may require Chinese partners or special approvals. We can advise on sector-specific regulations.

The standard corporate income tax rate is 25%. High-tech enterprises and companies in special economic zones may qualify for reduced rates of 15%. Small enterprises with annual taxable income under RMB 3 million may qualify for preferential rates.

Yes, you need a registered office address with a valid lease contract. We can provide virtual office services or assist in finding suitable office space in major cities like Beijing, Shanghai, Shenzhen, and Guangzhou.

Work permits require the company to be registered first. The process involves obtaining a Work Permit Notification Letter, applying for a Z-visa, and then converting to a work permit and residence permit in China. We handle the entire process for your foreign staff.

Companies must file monthly/quarterly tax returns, conduct annual audits, submit annual reports to SAMR, maintain proper accounting records, and renew business licenses as needed. We offer comprehensive annual compliance packages to manage all requirements.

No, you must first obtain your business license before opening a corporate bank account. We assist with bank account opening at major Chinese banks including ICBC, Bank of China, and HSBC China.

WFOEs can engage in trading, consulting, manufacturing, technology services, and many other activities. The business scope must be clearly defined during registration and determines what activities your company can legally conduct. We help define the optimal scope for your needs.