AboutJohnson Dong Expertise Chinese Lawyer. Practiced in Guangzhou, China. I can answer questions about Chinese businese and commercial law especially investment in China.Also I can answer other question about Chinese law.
Experience company law, real estate law, banking, corporation establishment, foreign investment and other foreign affairs. intellectual property settlement, commercial litigation, civil litigation, administrative litigation, criminal defend, divorce, tort liability, product liability. Draft pleadings, defences, motions.
Organizations Global Kingway Law Firm Attorney at Law
Address: 12th Floor, Guangdong Holdings Tower, No. 555, Dong Feng East Road, Guangzhou, P.R. China.
Post Code: 510050
Tel: 8620-83858533 Fax: 8620-83857100 Mobile: 86-189-2611-5891
http://www.gkl.com.cn/
Publications Province Ruled by Law, Economy and Development, Jan. 1998.
Auditors's Liability to Third-Party under the Jurisdiction of U.S.A, Hebei Law Science, May, 1999.
The Legal Framework of Real Estate Mortgage, Postgraduate Journal of Jinan university, June, 1999.
Education/Credentials Law School:
Jinan University, Economic Law Department,
LL.M (Masters Degree in Law) in Economic Law, 1997-2000.
Zhongshan University, Law Department,
J.D. in Economic Law, 1990-1994.
Past/Present Clients Variety Accessories Inc. (US, NY), Focus On Fashion Co., Ltd. (US, NY), Varian, Inc. (US, CA), Sirona Dental Systems GmbH (Germany), Seiko Advance Ltd. (Japan), Nassetti Ettore Group. (Italy), Wortmann Gmbh&Co.KG. (Germany), NOVI (CHINA) LIMITED(Hong Kong), Lifetime Trading Limited of Hong Kong, Dah Sing Bank, Ltd. (Hong Kong), Kwik Industries Limited (Hong Kong), Focus-Net Consultant Limited (Hong Kong), ProCareHoldingsCo. Ltd. (Hong Kong), NWS Holdings Limited. (Hong Kong) and etc.
Question Hi, could you please advise what are the options for a US company to establish their presence in the China market? What are the advantage and disadvantages of each option? Thank you
Answer Before answering your question, I would like to introduce the normal Chinese Foreign Investment Form. 1. Sino-foreign joint ventures(Joint venture, JV); 2. Cooperative businesses(Contract venture, CV); 3. Exclusively foreign-owned enterprises(Wholly Foreign Owned Enterprise, WFOE); 4. Representative Office of Foreign Company (RO); 5.Joint exploitation; 6.Foreign-funded share-holding companies; 7. New types of foreign investment. (PLS see to attachments 1: The basic means of China's absorption of foreign investments)
Basically, related laws and ordinances are:
Law of the People's Republic of China on Chinese-foreign Equity Joint Ventures
Regulations for the Implementation of the Law of the People's Republic of China on Chinese-foreign Equity Joint Ventures
Law of the People's Republic of China on Chinese-Foreign Contractual Joint Ventures
Rules for the Implementation of the Law of People's Republic of China on Chinese-foreign Contractual Joint Ventures
Law of the People's Republic of China on Foreign-capital Enterprises
Rules for the Implementation of the Law of the People's Republic of China on Foreign-capital Enterprises