Xina: title_atlas__2-gerer-affaire.html
title_atlas__doing-business__2-entreprise_forme.html-court
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title_atlas__doing-business__2-entreprise_forme.html
Legal forms of companies
- Wholly foreign-owned enterprise (WFOE)
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Number of partners: One juridical person or one or more shareholders.
Entity owned 100% by foreign interests that have the same rights as a local company.
Capital (max/min): Minimum varies according to the sector of activity.
Shareholders and liability: Limited to the amount of contributions.
- Equity Joint Venture (EJV)
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Number of partners: Minimum of one Chinese entity and minimum one foreign entity.
Capital (max/min): No minimum capital required, but at least 25% must originate from foreign investors.
Shareholders and liability: Limited to the amount of contributions.
- Co-operative Joint Ventures (CJV)
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Number of partners: Minimum of two partners: one Chinese entity and one foreign entity.
Capital (max/min): No minimum capital required.
Shareholders and liability: Limited to the amount of contributions.
- Foreign Investment Joint Stock Company (JSC)
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Number of partners: Minimum two partners.
Capital (max/min): Minimum capital needed: CNY 5 million if domestic capital, CNY 30 million if foreign capital.
Shareholders and liability: Each shareholder contributes the same amount to the share capital and is linked to the company by its share of the share capital.
- Holding
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Number of partners: Minimum one partner.
Capital (max/min): Minimum capital USD 30 million.
Shareholders and liability: Each shareholder contributes the same amount to the share capital and is linked to the company by its share of the share capital.
Creation procedures
Setting up a company | Xina | East Asia & Pacific |
Procedures (number) | 4.0 | 7.3 |
Time (days) | 8.5 | 29.7 |
Font: Doing Business - last available data.
- The competent organization
- Ministry of Commerce
- For more information
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Doing Business: China, to learn about procedures to start a business in China
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