What is a Representative Office's Term of Residence?
A Representative Office's Term of Residence is the valid time of a its existence since registration. A Representative Office's Term of Residence’s Business Duration cannot exceed the duration of overseas company.
How to change Representative Office's Term of Residence (Extension & Cancellation)?
Extension:
Since most Representative Office's Term of Residence are limited duration, when the limited duration comes to expiry, a WOFE should extend the Business Duration to ensure the WOFE’s legal existence.
Cancellation:
On the contrary, if a Representative Office has served its purpose of the overseas company or the limited duration comes to expire.
The Representative Office should file application to cancel it. No matter Extension or Cancellation, we generally call it a change of business duration.
To change a WOFE's Business Duration, the investor(s)/shareholder(s) should pass a resolution and find a qualified agency such as WOFEChina.com to submit legal documents to relevant administration departments.
For detailed information, please contact our consultant: leo@wofechina.com.
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-quality customized services with reasonable price and accurate information, that’s what makes us different.
Shanghai QiXiang Business Consulting Co., Ltd.
www.WOFEChina.com
Contact: Leo Zhang
Mobile Phone:+86 185 1632 9606
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Email: leo@wofechina.com
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