China Laws as Written Versus China Laws in Real Life
Chinese laws as written do not equal Chinese law in real life. Sorry.
China LOI and MOU: Don’t Let Them Happen to You
At least once a month, an American or sometimes a British company will come to one of our China attorneys after having spent considerable time negotiating a complex transaction with a Chinese company. They then show us a Letter of Intent (LOI) or a Memorandum of Understanding (MOU) that sets out in great detail the
China Contracts That Work: Get the Company Chop Right
Avoid China contract problems with the proper company chop or seal.
China Payment Terms to Protect YOUR Company
China Payment Terms Negotiating payment terms is one of the trickiest aspects of doing business with Chinese companies. Vague milestones, unpaid invoices, and last-minute changes are common complaints. This post provides key strategies to ensure you get paid in full and on time when working with Chinese companies. Whenever one of our China attorneys is
How Do I Decide Which Type of Foreign Entity to Use When Taking My Company Overseas?
In two recent posts, How To Succeed When Taking Your Company Overseas and Do I Always Need to Form a Company in a Foreign Country?, I discussed some common issues companies need to wrestle with when deciding whether and how to take their company overseas. Among those are the pitfalls of having a foreign entity
Splitting Salaries of Non-Chinese Employees: The Legal and Tax Issues
Our China lawyers are often asked whether it is legal to pay non-Chinese employees from both their China WFOE and from a company outside China (usually their home country parent company). The answer is an easy yes, but the tax issues that arise from doing so are where things get really difficult and why we
China Distribution Contracts: The Basics
Our China lawyers have been seeing an increase in work for foreign companies entering into distribution contracts with Chinese distributors, due mostly to China’s rapid growth as a consumer market and to the difficulties and risks foreign companies are seeing when they go into China directly these days. Many of the companies that come to