China Wholly Foreign-Owned Enterprise (WFOE)

Wholly Foreign-Owned Enterprise (WFOE): China offers WFOEs complete ownership control and the ability to engage in a wide range of business activities. Benefits include access to the world's second-largest economy, various government incentives for foreign investment, and favorable tax rates for certain industries. The regulatory framework has been streamlined in recent years, making it easier for foreign companies to establish and operate in China. Ideal for manufacturing, trading, and service-oriented businesses seeking to tap into the Chinese market.