A China Trading Import – Export Company, abbreviated Trading WFOE, is a commonly used investment vehicle for mainland China-based businesses. It is designed for businesses dealing with wholesale and retail. An Import Export License is necessary to establish a Trading WFOE. The registration of a China Company takes about 30 working days to be done.
The unique feature of a WFOE is that the entity is 100% owned, capitalized, and operated by foreign investors without the help of a local partner. A WFOE allows you to maintain greater control over your business operations, and revenue targets. In addition, it allows you to conduct business in China on your own without the need of a local partner. A WFOE is the favorable choice for an overseas company that wants to permanently incorporate into mainland China.
Pineal Consulting Group offers first class solutions to all of the following requirements:
Imported to China are mainly in 4 categories:
Permitted goods
Monitored Permitted goods
Restricted Goods
Prohibited Goods
What products require an import license?
Only need an automatic import license.
Meat products (Beef and Pork)
Textiles & Clothing
Maintain regular surveillance
over
Poultry
Wine & Spirits
Vegetable oils
Mechanical & Electrical products
Import limitations due to quotas set by the government
Used Electronic or mechanical products
Substances that damage the ozone layer
Food, fiber, and animal feed products that have health risks
Cannot enter China
Arms, ammunition, and explosives
Lethal poisons
Counterfeit currencies
Animals, food or plants coming from disease-stricken areas