Wholly Owned Foreign Enterprise (WOFE)
A Wholly Foreign-Owned Enterprise (WFOE) 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 (FIE) in China because it allows for the most freedom in business management.
Godspeed Technology will help its clients to go through the registration process which can take around 4-7 weeks depending on the kind of company being registered in china.
Representative Office
NOTICE: According to the State Administration of Industry and Commerce’s file: Gong Shang Wai Qi [2010] No.4, PARENT COMPANY must be established for more than 2 years
Representative Office (RO) is established by foreign companies to engage in business liaisons, quality control, product promotion, market research, exchange of technology and other permitted activities in China.
ROs are not allowed to directly engage in operational activities, RO can’t issue official invoices, nor receive payments from its clients. State Administration of Industry and Commerce (SAIC) usually specifies in scope of business, as it shown in the Registration Certificate of ROs, that ROs cannot engage in direct operational activities. Therefore, it’s not a form of foreign direct investment (FDI) in China. However, some ROs are engaged in operations in a lawful or tacitly permitted way and constitute one of the direct Foreign Investment forms in China, for instance: ROs of foreign law firms, ROs of foreign airlines etc.
A Representative Office in China may only engage in non-profit making activities; it can carry out the following functions:
Conduct research and survey for its parent enterprise in the local market;
Liaise with local and foreign contacts in China on behalf of the parent enterprise;
Conduct research, provide data, and promotional materials to potential clients or trading partners;
Act as a coordinator for the parent enterprise’s activities in China;
Make travel arrangements for parent enterprise representatives and potential Chinese clients.
Godspeed Technology will help its clients to go through the registration process which can take around 4-7 weeks depending on the kind of company being registered in china.
Legal Services
In case of a legal dispute arising through business activity within China, Godspeed Technology will provide some optional legal services to its clients through our trusted and time tested partners. Please contact our staff for more information.
Translation & Interpretation Services
Our Services include Chinese Translation and Interpretations for:
Business meetings
Depositions and Trials such as intellectual property/patent litigation, including International Trade Commission Cases (ITC Cases)
Arbitration/Mediation
Chinese Desktop Publishing Services
Chinese Business Cards
Focus Groups
CCC Factory Audits
Certified Chinese Translator
Our Chinese Document Translation Services Include:
Legal, including contracts
Business
Medical
Personal
Birth Certificates, Certificates of Graduation, Transcripts
Movie Scripts
Our professional and highly trained interpreters are available any time on request and can accompany you everywhere such as an Airport pickup or a visit to a Factory or visit to a Trade Fair within China.