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Country:
China
Model No:
-
FOB Price:
Place of Origin:
China
Price for Minimum Order:
-
Minimum Order Quantity:
1 Set
Packaging Detail:
-
Delivery Time:
-
Supplying Ability:
1 Set
Payment Type:
-
Product Group :
China
Contact Person Vanessa
924 room, garden tower,garden hotel, Guangzhou, Guangdong
Foreign Invested Partnership
Enterprise(FIPE)
By setting up aForeign Invested
Partnership Enterprise(FIPE) in China, your company will be allowed
to have all the functions as WFOE except it is unlimited liability
and there is no requirement for registered capital.You can partner
with one or more foreign and Chinese partners as you
wish.
The length of time for setting up a
FIPE is much shorter compare with WFOE and it is suitable for small
and medium sized foreign enterprises who wish to operate their in
China.
Foreign-invested partnership
enterprise (FIPE) is an unlimited liability business entity at
least one of whose partners is a foreign investor. Both foreign
individuals and legal entities can be partners of a FIPE. The term
partnership enterprise refers to general partnerships and limited
partnerships. A general partnership enterprise may be formed by
general partners who bear unlimited joint and several liabilities
for the debts of the partnership. The general partners share
unlimited liabilities for the debt of the partnership. On the other
hand, a limited partnership enterprise is formed by a combination
of general partners and limited partners where the limited partners
bear the liabilities for the partnership's debts to the extent of
their capital contributions.
A partner may contribute capital to
the partnership to garner a share of the partnership's profits or
losses. The capital contribution may include money, intellectual
property right or other properties, and even labor services at a
valuation determined by agreement among the partners.
As for profit distribution, the
default format is to follow the percentage of capital contributions
made by the partners. However, it can be fully decided by the
partners provided in the partnership agreement in the way
unnecessarily in proportion to the capital contribution.
Generally, a FIPE as a whole is only
subject to Business Tax whose rate in most occasions is **5% of the
turnover. No corporate income tax is required. The partners shall
pay respectively their partnership income tax.
Country: | China |
Model No: | - |
FOB Price: | Get Latest Price |
Place of Origin: | China |
Price for Minimum Order: | - |
Minimum Order Quantity: | 1 Set |
Packaging Detail: | - |
Delivery Time: | - |
Supplying Ability: | 1 Set |
Payment Type: | - |
Product Group : | Company register |