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  Home > FAQs > FAQs of China Company Incorporation > FAQs of Foreign Investment Enterprise (FIE)/Wholly Foreign-owned Enterprise (WFOE)
Q:
What does the Joint Annual License Renewal of Foreign Investment Enterprise refer to?
A:
Annual License Renewal refers to legal inspection carried out lawfully by governmental department to all Foreign Investment Enterprises, where Foreign Investment Enterprise should complete the Report on Joint Annual License Renewal, balance sheet, profit and loss statement, and other related information.
Q:
What departments are involved in the Joint Annual License Renewal of Foreign Investment Enterprise?
A:
Annual License Renewal involves Administration for Industry and Commerce, National Tax Bureau, Local Tax Bureau, Customs, Administration of Foreign Exchange, Financial Bureau and Bureau of Foreign Trade & Economic Cooperation.
Q:
When will the Joint Annual License Renewal of Foreign Investment Enterprise take place?
A:
From 1 Mar to 30 June every year.
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