Reply To: Minimum paid up for WFOE China Company Setup?

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#5596
Anonymous
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I think the question is what happened to my post? Your posts are not doing any good to your firm. Very poor marketing. If you are just a junior marketer there, you deserved to be fired. If you are a boss…

Anyway guys, just don’t go registering a WFOE with 100k RMB unless you have really done your homework and have a valid business plan based on this tiny figure.

And yes it is not uncommon that companies, and I am not talking about giant MNCs, pay 100k RMB and up in lawyers fee to register their business in China. A local cut & paste agent can do it for 25k (no English spoken), some semi-local firms 35-45k (English spoken) – which is fine if you know what you are doing (typically you have already been through the WFOE registration process before).