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by jonmaim 3244 days ago
If you are ready for that, is it possible for a foreign company to obtain an ICP license and thus operate in China?
1 comments

AFAIK it is possible now to get the ICP, but to integrate Wechat / Alipay or any other meaningful service you need a Chinese legal entity. A foreign company can register WFOE which is a Wholly Foreign Owned Enterprise, you do not need any Chinese partners or anything, but might be costly to set up and in paid-up capital depending on the industry. E.g. for a fashion brand I know of, they asked to have ¥10 million ($1.5 million) to be deposited within 1 year.
Thanks!