WFOE: Is It a Right Investment Vehicle For Your Business?

Have you been planning to expand your business to the next level? China is the fastest growing country that can give you the opportunity to explore tons of new business proposals and encourage you to expand your business to the international level. However, the process of setting up a business in China is not as easy as it may sound. You not only need to follow the complicated process of setting up a new business but also need to choose the right investment vehicle for your new venture.   

While choosing the type of ownership for your business, the important things that you need to remember are your company's structure and nature of the business. There are basically three types of investment vehicles are available including Representative Office, Joint Venture or Wholly Foreign Owned Enterprise. Choosing the right type of vehicle for your business can be tricky and should be based on a clear understanding of your organizational goals.

When it comes to extending a business to China, most investors choose the Wholly Foreign Owned Enterprise.The benefit of proceeding with a WFOE structure is that a foreign investor will not have the interference of a domestic partner when obtaining government approvals, premises, and land. In fact, WFOE structure enables foreign investors to have a complete freedom to implement the operational, investment and managerial strategies of the foreign parent company without having to take into consideration the interests, needs or goals of the local partner.

For new entrepreneurs, WFOE in Shanghai is the right investment vehicle as it provides you the complete freedom to set your business on your terms. With this type of investment vehicle, it is easier for a foreign investor to protect its structure and business deals.

Here are the few documents required for setting up WFOE:

• Certificate of incorporations or equivalent document authenticated by the Chinese embassy. 
• 3 bank reference letters from the investor's bank to declare a good standing.
• Passport copy of WFOE legal representative
• Statement of registered capital and business scope of WFOE for to prepare documentation.
• Proof of office address in China including leasing contract and landlord identification. 

Hire Divorce Lawyer To End Your Unhappy Marriage Life Easily

Are you living in the relations where there is no understanding, trust, love, care and planning to end up your relationship? If yes, then it is best to hire the attorney that can help you get separated without any complication.Since divorce lawyer is the highly qualified and skilled professional that will do every possible thing to negotiate the settlement so that you can live a happy life. They actually make important decisions for you in the areas of custody, alimony and property division. 

Getting married in China may be an easy task but divorce can be one of the most challenging tasks as it is complicated to understand all those rules and regulations that you need to follow for getting divorced in Shanghai. The divorce attorney will actually help you make settlements with your spouse to minimize the complications and help you easily get separated from your loved one.

One of the biggest reason for hiring the divorce lawyer to end you unhappy married life is that they will explain you entire procedure in a simple language and prepare you for the legal proceedings. You can easily. Generally, the earliest stages of a separation and divorce are usually the most stressful situation and clear-headed decisions can help you come over that troubling situation. The divorce lawyer can help you make the best decision for you and allow you to end your unhappy married life.

With so many divorce lawyers in Shanghai, the selection of a divorce attorney is crucial not only to the ultimate outcome of your case, but also to how your case progresses from start to finish in terms of stress for you and your children, cost, and length of time. Undoubtedly, the right choice of the attorney can actually reduce your stress but it can be costly to hire an experienced and skilled lawyer. So before hiring the one, it is advised to determine what exactly you can afford.