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Converting from a Representative Office (RO) to a Wholly Foreign Owned Enterprise (WFOE) in China
MultimediaPresenter(s):
In one of our previous podcasts, we discussed about how to establish a representative office as the first step into China and how to deregister it if we no longer run the business through the RO. Due to various reasons, foreign investors may find it useful to set up a Wholly Foreign Owned Enterprise (WFOE) instead. Isabelle Ding, International Business Advisory Associate in Dezan Shira & Associates' Shanghai office discusses how to convert from a Representative Office (RO) to a Wholly Foreign Owned Enterprise (WFOE) in China.
Related resources:
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COMPARISON OF TAX LIABILITY OF CHINA REPRESENTATIVE OFFICE (RO) VS. WHOLLY FOREIGN OWNED ENTERPRISE (WFOE)
- With this calculator you can calculate how much you can save in tax by switching from a Representative Office to a Wholly Foreign Owned Enterprise simply by inputting your annual expenses
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