Legal Question in Business Law in New York
Legal Question
I want to rent a building that I will manufacture apparel in China. I will supply the machinery. I willhire sewers and sell my product worldwide. Thise will be a USA based company. Do I need a Chinese partner or am I allowed to own this fasility as an American citizen without a local partner?
What legal issues should I be conserned about I did not ask?
3 Answers from Attorneys
Re: Legal Question
I do not understand your question. Are you renting a building located in NY or in China?
If the building is being rented in NY and you are a NY resident, there should be no legal issue.
Mike.
Re: Legal Question
You would be well served by retaining a business attorney to assist you with the legal issues. There are a number of considerations that you need to be aware of when undertaking cross-border transactions that go beyond the scope of this board.
Re: Legal Question
As per Chinese laws,you are allowed to establish a wholly owned foreign enterprise. If you need further assistance,please contact me immediately.
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