Company registration
Wholly Foreign-Owned Enterprise
Wholly foreign-owned enterprise (WFOE) is a limited liability company wholly owned by a foreign investor.
In China, WFOEs were originally conceived to stimulate manufacturing activities that were either export oriented or introduced advanced technology. However, with the entry of China into the WTO, these conditions were gradually abolished, and WFOE is increasingly being used for service providers, such as various consulting and management services, as well as software development and international trade.