Search result for " wfoe "

Setting up a WFOE in China

What is a Wholly Foreign-Owned Enterprise (WFOE)? A Wholly Foreign-Owned Enterprise (WFOE) refers to businesses in China which are 100% foreign-owned, as opposed to joint ventures which involve at least one domestic (mainland Chinese) partner. WFOEs were previously subjected to strict restrictions, such as the capital requirements which were...

China still growing strong – OECD

The Organisation for Economic Co-operation and Development (OECD) forecasts that China’s economy will grow by 8.5% in 2013, and even more in 2014. This assessment is one of the most positive outlooks for the world’s second-largest economy, which the OECD predicts to receive increased investment spending in the coming...

President Obama allows Private Companies to Source for Funds & other news

Recently, President Obama has signed into law crowdfunding provisions within the United States’ JOBS Act. The provisions aim to allow private companies to raise up to $1million annually, and investors can channel the funds to these companies on U.S. Securities and Exchange Commission (SEC)-registered websites. This would help entrepreneurs...