China · WFOE (wholly foreign-owned enterprise)

A company that banks and processes like a local one

Manufacturing, sourcing and domestic sales all run smoother with a mainland entity, and the mainland entity runs on a legal representative who is physically there.

What decides the outcome in China

The legal representative is a real seat

A Chinese company has a named legal representative who carries personal liability and whose identity is tied to the licence, the chops and the bank account.

Business banking requires local presence

Banks open corporate accounts in person, with the legal representative present and the company chops produced at the branch.

Registration and premises

A verifiable local business address, business licence and tax registration are all inspected before the entity can trade.

How it actually ends
  1. Approved

    The account opens. Nothing looks wrong yet.

  2. Trading

    Volume builds and the balance sits with the provider between payouts.

  3. Review lands

    Ownership, the signer and the registered address get re-checked, often after growth or a dispute spike.

    The local presence on the file does not survive it
  4. Funds held

    Payouts stop and the account is closed. The balance sits through the hold while every checkout and payout integration pointing at it breaks the same day.

  5. Recovery

    You are a closed account arguing with a risk team. Some get paid out at the end of the hold, some get a partial release, some never see it.

Opening the account was never the hard part. This is the part that costs money.

See what triggers it

Both options work here

Pick the one that matches what you already hold.

Owner plus company

We find a vetted person in the market you want to sell in, form the company in their name, and put you in as the operator who runs it: marketing, sales, ops and IT.

Local director or manager only

A vetted resident director, manager or signer appointed to the company you already have, so it can open the accounts that will not move without local representation.

What a placement includes

  • WFOE registration and business licence
  • Company chops and tax registration
  • Registered business address
  • Legal representative or supervisor appointment under written terms
  • Bank onboarding coordination
  • Annual inspection and filing support

The legal-representative seat carries personal exposure, so it is scoped and priced case by case rather than treated as a standard appointment.

An appointment does not conceal the ultimate beneficial owner. Appointed directors, managers and owners remain subject to their legal duties, and beneficial ownership or control is disclosed wherever it is required.

Banking and payment accounts are subject exclusively to the institution's underwriting and approval. Nominee Network does not guarantee approval and does not misrepresent ownership, management, control or business activity.

Tell us what you're building

Send the structure you have in mind. We review the business, the ownership and the intended activity before quoting anything.

Start an enquiry