Establishing a Wholly Foreign Owned Enterprise (WFOE)
A WFOE is a Limited Liability company wholly owned by the foreign investor(s). This category of legal entity has opened up considerably since China's entry into WTO. A WFOE will allow you to transact business and make profit in China. It will also allow you to carry out business in RMB and repatriate dividends to your investing company in US$.

 A WFOE can be established for up to 50 years depending on the type of entity

A WFOE has to be invested from offshore by the investing company ( registered capital )

 Wholly Foreign Owned Enterprise's include the following types of structure you will need to determine which one will suit your needs.

    *Manufacturing, Processing and Assembly
    *Consultancy / Service
    *Trading
    *FICE - Foreign Invested Commercial Enterprise
                  Retailing,Wholesaling,Agent / Broker, Franchising

A WFOE will allow you to be independent and operate to your investors requirement without the interference of a JV partner.

The paper work and legal structuring needs to be very carefully drafted to ensure your long term business operation and protection. In particular your Feasibility Study and Articles of Association with special attention to your business scope as this dictates the nature of your business.