For foreign investors seeking full control and scalability in China, a Wholly Foreign-Owned Enterprise (WFOE) remains an ideal choice. Unlike representative offices (limited to market research) or joint ventures (requiring profit-sharing with a Chinese partner), a WFOE grants:

• 100% ownership of profits and IPs;
• Operational independence in hiring, contracting, and expansion;
• Long-term viability for manufacturing, trading, and service sectors;

Types of WFOEs in China

• Consulting WFOE: ideal for service providers engaging in management consulting, or market research;
• Trading WFOE: for companies participating in purchase/sale, distribution, or import & export of goods;
• Manufacturing WFOE: approved to manufacture, process, and sale products;

Required Documents to Form a WFOE

Documents preparation can be the cornerstone to successfully set up a WFOE in China. But no worries, Asomerit provides a comprehensive checklist and in-time guidance to support you.

General Information:

• Proposed company names in Chinese;
• Detailed information about business scope, registered capital amount and distribution plan;
• Office lease contract, or use Asomerit's affiliated registered address; 

For Corporate Investors:

• Certificate of Incorporation or Business License;
• Articles of Association;
• Board resolution for WFOE setup;

For Individual Investor:

• Original Passport;

Process to Launch Your WFOE in China

Asomerit has established a framework to make your WFOE setup process as simple and fast as possible, turning the complexity procedure into a relaxing experience. Let's see the different stages to register a WFOE in China.

Step 1: Planning and Preparation

We will assist you on the material gathering. If you are still now sure about the details about setting up a WFOE, we will help you through. Once you get the documents ready, your job is almost done!

Step 2: AMR Application

We will submit the documents to the Administration for Market Regulation (AMR). Once approved, your WFOE business license will be collected and company official seals will be engraved.

Step 3: Bank Account Opening

Asomerit has built close relations with major banks across China， leading to a smooth opening of RMB basic and foreign currency capital accounts.

Step 4: Tax Registration

The tax registration with the local tax bureau needs to be done 30 days within the successful formation of your WFOE. We will get it done!

Step 5: Operate and Grow!

Now your WFOE in China is ready to operate!

Registered Capital

China has abolished the nationwide minimum registered capital requirement. However, the new "Company Law" effective July 2024 mandates full capital contribution within 5 years after incorporation. This makes registered capital planning a critical strategic consideration. Asomerit guides you through data-driven modeling to balance compliance and cash flow efficiency.

Registered Address

Your legal address must be a physical commercial space with government-filed lease documentation. If you want to save some budgets, use Asomerit affiliated address and shared office for a cost-effective beginning.

Special Licenses

Some industries requires special licenses and permits before you can legally operate, such as import&export trading, food operation, or HR services. Let Asomerit help you with the license application as you prepare WFOE formation.

Fast Launching

Get your WFOE ready for operation less than 4 weeks with our experienced consultants.

Integrated Compliance

Our service covers the entire WFOE formation process, guiding you through any challenges.

Transparent Pricing

Zero hidden costs and no surprise fees guaranteed.  Know every penny that you will spend.

Full Life-cycle Support

Asomerit help you ensure that your WFOE is compliant all year round with our comprehensive service matrix.