Establishing gambling activities through a casino in China is strictly forbidden, but investors looking to thrive in this sector can set up casinos in Macau or Hong Kong two special administrative regions of China. Opening a company for gambling purposes can be done with the help of our company formation agents in China who can offer assistance in opening a WFOE or the Wholly Foreign-Owned Enterprise in China.
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How can I open a WFOE for gambling activities in China?
Macau and Hong Kong, the administrative regions in China are the only destinations where casinos can be opened by both domestic and foreign entrepreneurs. For a minimum share capital of CNY 30,000, a WFOE can be easily established and it represents the well-known structure, the limited liability company.
Types of gambling activities in a Chinese casino
Having a less restrictive legislation regarding the gambling activities in the administration provinces in China, allows foreign business persons to easily establish casinos, with the following gaming activities:
- blackjack, roulette, slot machines, baccarat or Fan Tan can be operated in a casino;
- live poker tournaments can be met in Chinese casinos;
- poker tables with cash games are part of the gambling activities of a casino;
- a casino can have varied table games and diverse slot machines.
It is good to know that entrepreneurs from abroad can decide not only on simple casinos but also on associating with hotel accommodations for tourists who are interested in gaming activities in China.
Internet casinos in China
Casinos opened in China’s administrative regions can also be present online with the help of websites. The gambling activities that generate money and profits are subject to the tax structure in this field and several licenses and permits for which you can solicit information from our team of company formation specialists in China. They can also guide you throughout the registration procedure of a website in China.
For comprehensive support in company incorporation in China, please feel free to address your inquiries to our team of consultants and contact us at any time.