A clear process of registering a wfoe
Here’s the steps, with no more than a sentence or two explaining why it’s easy.
- Name Approval – Search the government’s name registry for your city if your Chinese company name exists. If it doesn’t, you can submit the online form to get it.
- Fill out basic info – forms (there’s two small-complexities here: business scope & articles of incorporation)
- For Business Scope: Based on the company name, there’s a set of services you can include and set of things you are not allowed to include. The government for each city has basically already determined the acceptable scopes for each business type. So after you choose your industry (business consulting, information technology, etc.), an agent or Chinese friend can Baidu search the scopes for the appropriate city.
- For Articles of Incorporation: Copy/paste the government’s official template for your corporate structure. Make some small revisions (like providing information about the shareholders of the company, who’s the CEO, etc.)
- Registered Office – Sign up with a co-working space desk, and you can use that lease for the registered office.
- Registered Accountant – Not a huge cost, but needed. Your company needs to provide some info about a registered accountant, which Chinese companies typically provide this service for 300-600 RMB per month (depending on city, size of their office, etc.).
- Submit government form from the city’s official business registration website.
An easier method: Signup for our bootstrapper service, and we’ll provide you with a super-simple english-language forms and other tools to help you along the way. 🚀