Vistra enhances Asia service

WFOEs are generally used by foreign companies wishing to set up businesses in mainland China and this acquisition will broaden the range of services Vistra can offer. Typically a WFOE set-up can take from 2 to 5 months, as the process is both complex and requires extensive approvals by the PRC Government and local authorities. Once established, Cynosure  can provide other business services such as accounting, payroll, company secretarial support and the preparation and lodging of government returns. Vistra Chief Executive Martin Crawford adds, “Cynosure’s skill set complements Vistra’...