The minimum registered capital for a WFOE registration will be different according to the different industry, for a company engaging in services, consulting and technology development, it needs RMB100,000.For a company mainly engaging in trading, wholesale or retail,RMB500,000 is required. For a manufacturing company which is engaging in production operation, the minimum registered capital requires RMB 500,000. In most of cities the above is available such as in Shanghai, Hangzhou, Shenzhen, ect. Generally speaking, all of the registered capital can be paid in one time (within 6 months after the date of the issuance of the Company’s business license) and can also be paid for many times in two years (In the first 3 months, 20% of the registered capital is mandatory).
Different clients have different needs and requirements for setting up a WFOE in China depending on the industry, company size and business scope, therefore choosing a professional agency for assistance is very important. Sinoinvest Consulting could provide you overall services for a WFOE registration in China.