Posts tagged "consulting"

26

Jun 2012

Iliana Torres

Global Sourcing, Quality Control, Quality Management, Supplier Assessment

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Why Being in China Is Compulsory?

If you have ever imported from China before, you know how important it is to have a presence on the ground, with your own staff or with external help. Not having one can create many headaches, frustration and can cost you thousands of dollars. Not having representatives in China can be the difference between managing a successful importing project from China or an unsuccessful one. Setting up your own presence in China can be difficult, expensive and time consuming. Therefore, many ...

15

Feb 2012

Iliana Torres

Global Sourcing, Safety and Compliance

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How WFOE Starts Business in China

The Wholly Foreign Owned Enterprise (WFOE or WOFE) is a Limited liability company wholly owned by the foreign investor(s). In China, WFOEs were originally conceived for encouraged manufacturing activities that were either export orientated or introduced advanced technology. However, after China's entered the WTO, these conditions were gradually abolished and the WFOE is increasingly being used for service providers such as a variety of consulting and management services, software development and...