Setting Up Joint Ventures in China

Dezan Shira & Associates is a specialist foreign direct investment practice, providing business advisory, tax, accounting, payroll and due diligence services to multinationals investing in China, Hong Kong, India and Vietnam. Established in 1992, the firm is a leading regional practice in Asia with seventeen offices in four jurisdictions, employing over 170 business advisory and tax professionals. Dezan Shira & Associates provides a combination of business advisory and accounting services to our clients, giving them the ability to acquire professional knowledge in the local legal regulatory environment in each country as well as the tax and financial implications of doing so. We also provide useful business information through our media and publishing house, Asia Briefing.

• Assessing the Need For a Chinese Partner.- JVs vs. WFOEs.- China’s JV Implementation Laws.- Equity and Co-operative JVs.- Legal and Financial Due Diligence.- Memorandums of Understanding.- Key Points in JV Negotiations.- Encouraged Industry Applications.- Development Zones and Tax Incentives.- JV Contracts and the Articles of Association.- Land Use Rights.- Protecting Your IP.- Technology Transfer Agreements.- Human Resources and Acquiring Staff.- Taxes and Audit Requirements.- Repatriating Profits.- Converting a JV To a WFOE.- Buying Out Your JV Partner.- Liquidating a JV.