A WFOE registration is the most complete and flexible option for opening a company in China. It has many advantages over a Representative Office or a Joint Venture operation. Here are some of the key advantages we see in WFOE formation. Can be formed without a Chinese partner A WFOE is independent, able to manage its own operations, funding and business development. Without a parent, it does not need to share profits, strategies or Intellectual Property. Can make profits in China A WFOE can fully carry out business in China, in line with its agreed business scope. It can issue local currency invoices to domestic customers, and make profits from its activities. Able to send funds overseas Any operating profit made in China can be converted to foreign currency for transfer to an overseas parent company. Able to hire staff directly A WFOE can manage its own human resources (without using an agency), and hire staff both locally and from overseas. The best option to protect IPR in China The WFOE structure provides some level of protection under Chinese law.