Sino-foreign Co-operative Joint Ventures (CJVs) A Sino-foreign Co-operative Joint Venture (Sino-foreign Contractual Joint Venture) is formed jointly by at least one Chinese investor and at one foreign investor in accordance with Chinese laws and regulations..... More
Wholly Foreign Owned Enterprise (WFOE) The Wholly Foreign Owned Enterprise (WFOE), also known as Wholly Owned Foreign Enterprise (WOFE), is a Limited Liability Company established in China and wholly owned by the foreign investor(s). .... More
Foreign Investment Companies Limited by Shares (FICLBS) A FICLBS refers to an enterprise legal person established pursuant to the Tentative Provisions of MOFTEC on Several Issues Regarding the Establishment of Foreign Investment Companies Limited by Shares..... More
China Resident Representative Offices A China Resident Representative Office (RO) also known as Permanent Representative Office, is an office of a foreign enterprise set up in China for liaison with Chinese businesses and customers on behalf of its parent company. .... More
Registration of Wholly Owned Foreign Enterprise in Shanghai The registration of a Wholly Owned Foreign Enterprise (WOFE) is a two-step procedure Step one: applicant should obtain approval from respective authorities. Step two: registration made with the Administration for Industry and Commerce .... More
Registration of Resident Representative Offices in Shanghai The registration of a Representative Office normally takes 4 to 6 weeks. Firstly, application for Business Registration Licence should be made to the Shanghai Administration for industry and Commerce.... More
Taxation of Enterprises Doing Business in Shanghai Foreign enterprises engaged in manufacturing in Shanghai pay income tax at a reduced rate of 24%. Those established in the economic and technological development zones of Shanghai and Pudong New Area pay income tax at a reduced rate of 15% .... More
Taxation of Resident Representative Offices in China There are three methods to determine the taxable income of a Resident Representative Office (RO): the actual income method, the deemed income method, and the cost-plus method.... More
Sino-foreign Equity Join Ventures (EJVs)
An Sino-foreign Equity Joint Venture is formed jointly by at least one Chinese investor (corporation) and at least one foreign investor (individual or corporation) in accordance with the 
A Sino-foreign Co-operative Joint Venture (Sino-foreign Contractual Joint Venture) is formed jointly by at least one Chinese investor and at one foreign investor in accordance with Chinese laws and regulations..... 
