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I think your information may be a bit out of date, in China you can own and operate as a WFOE https://en.m.wikipedia.org/wiki/Wholly_foreign-owned_enterprise h
by lvturner 6y ago
I think your information may be a bit out of date, in China you can own and operate as a WFOE
https://en.m.wikipedia.org/wiki/Wholly_foreign-owned_enterprise https://en.m.wikipedia.org/wiki/Wholly_foreign-owned_enterpr...
- dtech 6y agoCould be, I'm not an expert. I'm mainly based that on stories I read regarding Tencent, ASML etc.
- tripletao 6y agoWFOEs indeed exist, but there are many restrictions on the types of business they can conduct, both directly[1] and indirectly because activities require licenses[2] that WFOEs can't get. The grandparent post was wrong in the details, but it's still a different world from the USA or EU. 1. https://www.fdichina.com/blog/china-company-registration/ftz-negative-lists/ https://www.fdichina.com/blog/china-company-registration/ftz... 2. https://www.china-briefing.com/news/entry-strategy-chinas-online-gaming-market-opportunities-license-compliance/ https://www.china-briefing.com/news/entry-strategy-chinas-on...