What Is SAFE in China? Foreign Exchange Registration Explained

SAFE (the State Administration of Foreign Exchange) is China’s foreign exchange regulator. For foreign-invested companies,...

What Is Business Scope in China? How It Works

Business scope is the officially approved list of business activities printed on a Chinese company’s...

What Is a Company Chop in China? Types and Uses Explained

A company chop (company seal) is China’s official equivalent of a corporate signature. Registered with...

What Is Registered Capital in China? Requirements Explained

Registered capital is the amount of capital that a company’s shareholders commit to contribute to...

What Is a Z Visa? China Work Visa Explained

A Z visa is China’s work visa — the visa category that allows a foreign...

What Is a Fapiao? China Official Tax Invoice Explained

A fapiao is China’s official tax invoice — the only document that proves a business...

What Is a WFOE? China Wholly Foreign-Owned Enterprise Explained

A WFOE (Wholly Foreign-Owned Enterprise) is a limited liability company established in mainland China that...

China Business Glossary: Essential Terms for Foreign Investors

Setting up a business in China means learning a new business vocabulary — WFOE, fapiao,...

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