Approval Procedure for Joint Ventures in China
Nick provides a detailed chart of the process to establish a joint venture in China. This roadmap demystifies the process by setting forth clearly the role and tasks of each participant in a joint venture formation, from the concept stage through the wrap up stages.
I can tell you after 35 years of going to China, one of the most important pieces of advise I can give you is: If you do a bad partner selection, and you are not careful and honest, and you do not do your homework and do a background check on your potential partner you will regret it, because no amount of good lawyering, consulting or accounting can save you from a bad partner selection decision in China.
-Nicholas V. Chen, Managing Partner, Pamir Law Group
|Approval Procedures for JV's in China.pdf||321.02 KB|