• Services
  • Business in China
  • Expansion and Exit

Setting up branch in China

Setting up a Wholly Foreign Owned Enterprise (WFOE), as the head-office (e.g. Holdings/Group Management WFOE) in China, can be a lengthy and complex process. Once a WFOE is set up, opening up branch offices is the easiest way to expand and much less bureaucratic and expensive than setting up a new WFOE. From our experience, this structuring strategy adopt to retail or F&B industry to expand to local markets in China.

Exit Strategy

Foreign investors can exit subsidiaries by selling their shares in the China company or transferring their shares in the parent company. A transfer of shares must be approved by the original approval authority, although this kind of approval generally is routine. If the share transfer is made from foreign investors to a Chinese investor, who then converts the foreign entity into a domestic company, the later-formed domestic company should satisfy the requirements for establishing a domestic company under Company Law, rather than under Foreign Investment Entities (FIE) law.

Holiday Notice: The first day of January 2019
Please note that Atrix will be closed on 1 January (Tuesday), and our service to be resumed on 2 January (Wednesday).

Waiving business registration fees for 2019/20
In Hong Kong 2019-20 Budget, the Financial Secretary proposed a waiver of 2019/20 business registration fees of HKD 2,000.   Read more

The Hong Kong 2021-22 Budget Summary
This year's Budget focuses on stabilising the economy and relieving people's burden. It aims to alleviate the hardship and pressure caused by the economic downturn and the epidemic through the introduction of counter-cyclical measures costing over HKD 120 billion.   Read more

Great News! 10% discount on our trademark service fee for limited time only!
Registration of your IP provides greater protection of your company's brand, goods and services with greater remedies.   Read more