In China, the country offers Wholly Foreign Owned Enterprises. This is the most popular form of incorporation of foreign companies in China. WFOE allows an LLC company that is owned by foreign to open their company in China, usually for manufacturing purposes, without the involvement of a Chinese partner.

The advantages include:
– Implementation of the parent companies strategy, brand, and mission in the worlds biggest market without having to involve Chinese partners or investors.
– The ability to carry out formal business functions without having the site act as just a “satellite office”
– Ability to receive and remit money into Chinese currency
– Increased protection of intellectual property overseas
– Increased efficiency in management and operations

The disadvantages include:
– Lack of government support
– Understanding the complex Chinese market
– Since the parent company is an LLC, the the foreign funds are required to be raised for authorized capital for shareholders