Question 1: What is a WFOE?
Generally, any tax in China may be of the following types:
Getting register WFOE as a manufacturing plant, the manufactured products can be sell and exported out of the china.
There is a common question most businesses ponder upon when looking at China.
Creating a method to enter China in a way that is beneficial, can be a strenuous task considering the different social and political system.
It is our opinion that foreign businesses should not set up their factories in China at present, because of the large number of obstacles put in place by the government which at present result in lower returns.
Eastern part of Asia has the one-party sovereign country named as People Republic of China. China has the status of most populous country of the world with the population of about 1.404 billion people.