One of the favorite among lawyers China is major errors they have seen their customers, rejected and other clients to do when you try to navigate China. The discussion is generally a lawyer tell facts with others, giving knowledge laugh and nod and then try to top it. This discussion the other day, and here are my favorites of this (and some mine, some come from others):
1 American Society of sophisticated call lawyer on the configuration of their publishing company in China as a WFOE. Vanteries market for their publication in China, based on a study of $500,000 USD they just completed.U.S. lawyers asked whether they have done research on the question of whether such an undertaking could be done legally in China as a wholly foreign owned entity .Super long break.
2 Sophisticated American company built plant in China and just before they are ready to take online, they learn that they cannot import chemical product key they need it, without the authorization of the Chinese Government's security. Six months later, they obtain approval and factory opens.
3 American company insists against the Attorney advice that things can go into a joint venture of China without other than its technology contributing. In other words, it fails to comply with the requirement that it contribute a certain amount of capital monétaire.Tout as his lawyer predicts, it ends up leaving China in the year while the rest of its technology.
4 American company insists on the fact against the advice of counsel is there is no problem in formation illegally WFOE in China, because the local Government supports 100 %.Dans years, Beijing has and stops them.
5 Foreign companies (we are talking about this kind of thing that frequent) commits the company insufficient training company to form its China WFOE and buy the notion that most minimum capital requirement, mieux.Après as China WFOE is formed and implemented low on money, the United States home desktop or anywhere where sends an infusion of money from the WFOE in China.China taxes then this money as income to the WFOE.
6 American company paying bribes and gets then investigated for violations of the Foreign Corrupt Practices Act.
7. American society fails to register his trademark in China, because he was "just" making il.Extrémités until its product to leave China has blocked by a Chinese company that has registered the trademark of American society used but had not registered in China.
8 Company American buy expensive in the town of China property big and then spending millions of reclamation for top gamme.puis offices hire lawyer to handle the legality of additional United States to complete refurbishing neuf.Avocat fundraise spends a few hours doing their own due diligence on the project and quickly discovers that the building is zoned Hospital of only.
What are your stories from the front line?
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