Legal Question in Business Law in China
Need legal advise please.
Do I need a Chinese partner to be able to operate business in China?
3 Answers from Attorneys
Re: Need legal advise please.
Hi, sorry being late to read this question. In China, you have options either to find a Chinese partner or not. Any qualified foreign business or person may invest to set up a wholly foreign owned enterprise, i.e. WFOE. "Qualified" means you should have legal identity and good bank credit.
Re: Need legal advise please.
Not necessarily need a Chinese partner,because the law of the P.R.C. allow the set-up of enterprise with 100% foreign investment.But the regulations concerning foreign investment is complicated,and the policy towards different industrial area varies greatly.
I think it is necessary to consult a qualified Chinese lawyer to discuss the concrete problems of the prospective project before you decide to invest in the People's Republic of China.
If you need more information,I would like to provide legal help concerning the investment law of the P.R.C.
Re: Need legal advise please.
No. It's based on your option.
It's better for you to have a Chinese partner to operate bssiness in China.
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