Setting up an FIE is a common method of creating an operation in China. In China, any one of a number of legal entities can be considered FIEs including wholly-owned foreign enterprises (WFOE), Sino-Foreign equity joint ventures (EJV) and Sino-Foreign cooperative joint ventures (CJV).
Read MoreA Wholly Foreign Owned Enterprise (WFOE) is a limited liability company registered with foreign capital under Chinese Company Law. For a foreign company to be able to issue receipts and export goods from China, it must be able to legally register as a local company or a WFOE.WFOE’s are among the most popular corporate models for non-PRC investors due to their versatility and unique advantages.
Read MoreSino-Foreign Equity Joint Venture (EJV) is a limited liability company incorporated by a Chinese partner and a foreign company. It is capable of capable of buying land, hiring Chinese employees independently, constructing buildings etc. The partners share profits, losses and risk in equal proportion to their respective contributions to the venture’s registered capital.
Read MoreA Sino-Foreign Cooperative Joint Venture (CJV) is a joint venture between a Chinese and a foreign company within the territory of China. The Chinese company usually provides the labour, land use rights and factory buildings, while the foreign company brings in the necessary technology and key equipment, as well as the capital.
Read MoreA non-legal entity office set up in China to represent parent company. It is considered as the first step to enter into China market.
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