For WOFE, or any company in mainland China, once incorporated, it needs to ratify tax category to make invoice. In China tax system, there are two common taxpayers: Small Scale Taxpayer (ST/SST) and Value-Added Taxpayer (VAT).

Tax rate for service WOFE:
ST: 3%.
VAT: 6%(common).
Tax rate for trading WOFE:
ST: 3%.
VAT: 13%(common).
 
1. Documents required to initialize tax:
(1). Record Certificate of WOFE;
(2). Business License of WOFE;
(3). License for opening basic accounts;
(4). Leasing Contract & Property Ownership Certificate of your office;
(5). Official Stamp/Financial Stamp/Legal Representative’s Stamp.
(6). Legal Representative’s passport/ID card.
 
2. Duration to initialize tax:
2-3 weeks
 
3. Fees to initialize tax:
Please send an email to leo@wofechina.com to get a quotation.

WOFEChina.com has successfully helped investors from more than 50 countries (regions) all over the world registered Wholly Owned Foreign Enterprises (WOFE), Joint Ventures (JV), Shanghai Representative Offices (RO), and provide one-stop business solution, including Trademark Registration, Bookkeeping, etc. We have a very skilled consultant team, a set of efficient operation system. We provide high-end customized services and accurate information, we will help you take a leap further.

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Shanghai QiXiang Business Consulting Co., Ltd.

www.WOFEChina.com

Contact: Leo Zhang

Mobile Phone:+86 185 1632 9606

Skype: Leo.C.Zhang

QQ:230 911 4493

Email: leo@wofechina.com

WeChat/WhatsApp: +86 185 1632 9606