Doing Business In Chongqing China: January 2019

Thursday, January 31, 2019

One-stop services for foreign investing in Chongqing China, offer business setup consulting, company registration, accounting services, foreign investment legal services in Chongqing

Once an old industrial base, Chongqing has rapidly emerged as one of the fastest growing and fastest urbanising cities in China and, according to some reports, the world. Located in China’s west, the municipality of Chongqing boasts a population of over 30 million (one of the largest in China) and a GDP growth rate of 11% year on year (also one of the fastest of China). It is also the centre of China’s ‘Go West’ Strategy which has created a unique business and investment environment for foreign companies. Despite its profile, Chongqing still remains largely unknown to the West who often look to Beijing and Shanghai when entering the China market. For foreign companies wanting to launch into the China market, we believe that Chongqing should be there next destination.

Click here for Chongqing Business Setup Foreign Investment Environment

To facilitate people who want to invest and set up business in Chongqing , here is an introduction of Types of business presence in China:

Before starting up a business in China, you have to know what are the options. Foreign Investors generally establish a business presence in China in one of five modes: Wholly Foreign Owned Enterprise (WFOE); Representative Office; Foreign Invested Partnership Enterprises (FIPE); Joint Venture and Hong Kong Holding Company.

Wholly Foreign Owned Enterprise (WFOE) is a Limited liability company wholly owned by the foreign investor. WFOE requires no registered capital and it's liability of equity , can generate income, pay tax in China and it's profit could be repatriate back to investor's home country. Any enterprise in China which is 100 percent owned by a foreign company or companies can be called as WFOE.

RepresentativeOffice (RO) is a Liaison Office of it's parent company. It requires no registered capital. It's activities would be: product or service promotion, market research of it's parent company's business, Quality Control liaison office etc in China. RO generally is prohibited to generate any revenue nor generating contracts with local businesses in China.

Joint Venture (JV) is a Limited liability company formed between Chinese investor and Foreign investor. The parties agree to create a entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. JV usually been used by foreign investor to engage the so called restricted in areas such like: Education, Mining, Hospital etc.

Since March 1, 2010: Measures of Establishment of Foreign Invested Partnership Enterprises (FIPE) in China istaking effect. The regulation, which take effect since March 1, 2010, are known as the Administrative Measures for the Establishment of Partnership Enterprise in China by Foreign Enterprises or Individuals. There's no required minimum registered capital for a Foreign Invested Partnership Enterprise (FIPE) in Shanghai, Beijing, Guangzhou, Shenzhen, Hangzhou and rest cities of China

Hong Kong Company usually been used as a Special Purpose vehicle (SPV) to invest Mainland China. Hong Kong is one of the quickest locations to Incorporate a business. Although a HK company is not a legal entity in Mainland China (Mainland China and Hong Kong, See Wiki 1 country, 2 systems), lots foreign investors, especially investors from Europe and North America still chose to setting up a Hong Kong company as SPV to invest China.

After China's entry to WTO, most industries in China welcome foreign investment, WFOE setting up in China becomes the first option of foreign investment's entity structures instead of Rep. Office setting up in China. At the mean time, for tax purpose, effective licensing system etc more and more investors use Hong Kong as the holding company to invest China mainland, using this offshore company to hold their operations in China.

Business set-up in Chongqing is a big project by itself, which requires financial and time commitments, business management knowledge and China expertise. Identifying a competent agent to manage the complex process will be a cost and time effective way to avoid potential pitfalls . Tommy China Business Consulting has direct connections in the local government

Since 2006, TCBC has been focusing on consulting services for our clients to invest in Chongqing China. We are specialized in establishment of wholly foreign owned enterprises (WFOEs), setting up of offshore companies, trading services, tax minimization, Assist in obtaining government approvals and certificates for running business, negotiate and draft various legal documents provide legal advice, negotiate government officer for Land acquisition. Advising on formation of WOFE and business structures, managing and controlling WOFE in Chongqing China, drafting privacy policies and structuring commercial transactions

TCBC will manage all aspects of incorporation to get you a business license in Chongqing China. We offer a range of company formation services including helping you to set up:

-Wholly Foreign Owned Enterprises (WFOE )

-RepresentativeOffices

-Joint Ventures (Equity/Co-operative)

-Foreign Invested Partnership Enterprises (FIPE)

-HongKong Holding Company.

Once your business is officially registered in Chongqing, it's required to maintain proper accounting records in accordance with accounting standards in China and to report taxes on both monthly (for business tax, individual income tax) and quarterly (corporate income tax) basis. Late submissions will face penalties and surcharges.

When foreign companies come to Chongqing to set up Small Medium Enterprises, one of the headaches is to find an English-speaking professional accounting & tax advisory and agency firm. Even there is help from local professionals, due to language and communication problems, it is still hard for investors to find the correct way of investment and to completely understand the local investment and tax policy. Furthermore, it is hard for the foreign investors to set up a complete and legal financial & tax system as well as the related procedures. Therefore, different kinds of incompliant problems regarding tax and legal areas will be accumulated with the invested company and lead to serious legal risks step by step.

A lucky investor may get the fluent English-speaking internal accountant by recruitment, but it does not mean the invested company no longer needs an external consultant. Due to the professional limitation of internal accountant, particularly when it comes to comprehensive issues regarding taxation, customs, foreign exchange, labor, banks and so on, it is hard for the internal accountant to propose sophisticated professional advice and options to the company’s management.

During the practical operating, many small and medium sized companies conclude that full time cashier and full time accountant cost a lot and create certain burden for operation. Meanwhile, as they might not be full occupied by works due to the limited work load. To be successful, any enterprise regardless its size often needs a financial and accounting expertise.Outsource your accounting project to us is the best solution to this problem. With Our professional accounting service, clients can have the expertise they require when they require.

Our accountant could assist you and negotiating with your local officer to use the proper tax reporting method for your China presence. And submit the tax reports monthly and quarterly on your behalf.
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The details of our services are set out below
◾Update the books in accordance with the Chinese Accounting Standards
◾Prepare monthly financial statements for tax filing purpose and submit if applicable
◾File monthly Business Tax Return and Individual Income Tax Return
◾File Corporate Income Tax Return quarterly
◾Annual Corporate Income Tax Filing
◾Monthly Bookkeeping Service
◾Audit of Financial Statements

Foreign companies come in contact with the Chinese legal system the moment they decide to doing business with china. Our legal teams have served the clients in Chongqing China since 1990s. We have advised on some significant investments, international trades, real estate projects, arbitration, litigation and individual needs to date. The expertise we have allows us to place ourselves at your full disposal to offer our advisory services in China, to suggest the best path to lead you to the best solutions for any challenge in your business.

We assist our clients with their China projects regardless of which stage of development they are in, like researching the business environment, entering the market or already growing their business within China. We are committed to guiding our clients through the challenges of achieving their goals by not only keeping them abreast of current trends but also anticipating how those trends may impact the market they are in. We customize our approach according to our clients’ specific needs.

Contact Tom Lee for business setup consulting in Chongqing now.

Brief Introduction To Business Environment In Chongqing,Company Registration Set Up Business In Chongqing China

General Background

Chongqing has a total area of 82,400 sq km. Total population stood at 30.48 million by the end of 2016. Chongqing’s GDP grew by 10% in the first three quarters of 2017, three percentage points higher than the national average.

Chongqing is one of China’s four municipalities directly under the central government, but its structure is substantially different from the other three. For instance, the area of Chongqing is 13 times that of Shanghai, and its population is 6.3 million more than Shanghai’s. The vast majority of Chongqing area is still rural. In 2016, Chongqing’s urban population only accounted for 62.6% of its total population.

The establishment of the Chongqing municipality in 1997 represented a major breakthrough of China’s initiatives to speed up economic development in the central and western regions. The Three Gorges Project which has positive implications in areas such as tourism, relocation of residents and environment protection has stimulated development of Chongqing’s economy, as well as the western region as a whole.

“One Belt, One Road”: Chongqing as Western Hub of Yangtze River Economic Belt

The Chongqing municipal government issued its Opinions on Implementing the National Strategy of “One Belt, One Road” and Building the Yangtze River Economic Belt in December 2014. In order to enhance its connectivity and influence under the “Belt and Road” and Yangtze River Economic Belt initiatives, Chongqing will further reinforce its strategic position as a shipping centre in the middle reaches of the Yangtze and a national logistics hub. Efforts will also be focused on developing the city into a financial centre and technology education centre. It is reported that the city will invest up to Rmb1.2 trillion in infrastructure construction by 2020.

Industries

Chongqing is one of the old industrial bases of China. It is a major automobiles, military, iron & steel and aluminum industry centre in China. Chongqing’s industry is dominated by heavy industry. In 2016, heavy industry accounted for 74.3% of the municipality’s gross industrial output. In recent years, Chongqing’s electronics and related industries grew strongly. The share of gross output of telecommunication equipment, computers and other electronic equipment industries in total gross industrial output grew from 11.4% in 2012 to 16.8% in 2016.

Composition of GDP (%)

	2000	2016
Primary	17.8	7.4
Secondary	38.9	44.2
Industry	31.9	34.4
Tertiary	43.3	48.4

Source: Chongqing Statistical Yearbook 2017

Output Share of Leading Industry Groups (2016)

Sector	% share industrial output
Motor vehicles	22.3
Communication and electronic equipment	16.8
Railway, ship and other transport equipment	6.6
Electrical machinery and equipment	5.0
Processing of food from agricultural products	4.6
Raw chemical materials and chemical products	4.0

Source: Chongqing Statistical Yearbook 2017

High-tech Development

Chongqing New North Zone (CNNZ) is a modern industrial base aimed at developing hi-tech industries. The zone consists of several zones including the Chongqing Economic and Technological Development Zone, Chongqing High-Tech Industrial Development Zone and Chongqing Export Processing Zone.

Leading computer and related products manufacturers have set up plants in Chongqing, including Foxconn and Inventec from Taiwan. In 2016, exports of high-tech products accounted for 62% of total exports. Exports of notebook computers accounted for about 39% of Chongqing’s total exports.

Tourism

There are some famous tourist spots in Chongqing, e.g. the Three Gorges, Dazu Rock Carvings. In 2016, Chongqing received 3.17 million overseas tourists (+12.1%), bringing foreign exchange revenue of US$1.69 billion (+14.9%).

Foreign Trade

The leading export market was the US in 2016 which accounted for 24% of Chongqing’s total exports. Other major export markets included Germany (9.8%), Hong Kong (9.7%) and South Korea (4.1%). Major sources of imports included Taiwan (accounted for 15.5% of total imports), South Korea (11.9%) and Malaysia (10.9%). In 2016, Hong Kong’s trade with Chongqing dropped by 6.3% year-on-year to top US$4 billion.

In 2016, the total utilised FDI of Chongqing was US$2.6 billion, dropped by 30.4% year-on-year. Hong Kong was the largest source of FDI in Chongqing, while other major investors came from Singapore and South Korea. In 2016, investment from other provinces grew by 9.6% to Rmb935 billion.

An increasing number of multinational companies have set up operations in Chongqing. By the end of 2016, 272 of the world top 500 companies have set up operations in Chongqing. More and more foreign companies relating to the electronic industries are setting up in Chongqing. Besides Hewlett-Packard, Foxconn and Inventec, Acer from Taiwan has also set up a manufacturing base in Chongqing. Honeywell is also building an automobile material plant.

Consumer Market

Chongqing has a large local market with a total population of over 30.48 million. In terms of per capita disposable income of urban residents, Chongqing reached Rmb29,610 in 2016, up 8.7%.

Chongqing is a retail and wholesale centre of southwestern China. The retail industry of Chongqing is very competitive, particularly with the establishment of a number of local and foreign retail enterprises such as Carrefour, Walmart, Metroand Gome. Major department stores and shopping malls include Chongqing Department Store, New Century, Wangfujing, Pacific, Times Square and Metropolitan Oriental Plaza.

There are several major shopping districts in Chongqing, namely Jiefangbei (解放碑), Shapingba (沙坪壩), Nan Ping (南坪), Guanyinqiao (觀音橋) and Yangjiaping (楊家坪). Chaotianmen market (朝天門) is a major wholesale centre in southwestern China selling a wide range of products such as garment, plastic products and textiles.

To facilitate people who want to invest and set up business in Chongqing , here is an introduction of Types of business presence in China:

Joint Venture (JV) is a Limited liabilitycompany formed between Chinese investor andForeign investor. The parties agree to create a entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. JV usually been used by foreign investor to engage the so called restricted in areas such like: Education, Mining, Hospital etc.

Since March 1, 2010: Measures of Establishment of Foreign Invested PartnershipEnterprises (FIPE) in China istaking effect. The regulation, which take effect since March 1, 2010, are known as the Administrative Measures for the Establishment of Partnership Enterprise in China by Foreign Enterprises or Individuals. There's no required minimum registered capital for a Foreign Invested Partnership Enterprise (FIPE) in Shanghai, Beijing, Guangzhou, Shenzhen, Hangzhou and rest cities of China

TCBC will manage all aspects of incorporation to get you a business license in Chongqing China. We offer a range of company formation services including helping you to set up:

-Wholly Foreign Owned Enterprises (WFOE )

-RepresentativeOffices

-Joint Ventures (Equity/Co-operative)

-Foreign Invested Partnership Enterprises (FIPE)

-HongKong Holding Company.

Contact Tom Lee for company registration in Chongqing now

English Speaking Lawyer From Chongqing Law Firm Offer Foreign-Related Legal Services in Chongqing China

Foreign companies come in contact with the Chinese legal system the moment they decide to enter the Chinese market. Legal aspects must be considered in relation to enterprise formation, investment approval, real estate, human resources, environmental protection, Intellectual Property,and taxation.

International companies sometimes must resolve disputes with local companies or contractors. The Chinese legal system's structure might be perceived as an obstacle, Rapid changes in China's legal system require foreign companies operating in China to seek legal services of the highest quality.

Due Diligence

We have ever handled so many fraudulent trading or investment cases in which the foreign partners have all been defrauded or scammed by their Chinese partners. The reason is all the same that the foreign partners failed to conduct background check on reliabilities of their Chinese partners, which could have been easily done before the transactions. We call this background check “Due Diligence”.

If you want to do business in China or cooperate with a partner, due diligence is an essential step before you go further, and China Law Service (Chongqing ) Limited can offer professional due diligence report to you in accordance with your typical needs. We can deliver highly cost effective solution to the problems of getting behind glossy presentation and cultural confusion to see the real quality and position of the other party of your business or transaction. The staffs with China Law Service (Chongqing ) Limited have more than 20 years’ experience in China company research, investigation and commercial analysis sector. They bring experience and knowledge to the presentation of China company information.

China Law Service (Chongqing ) Limited can research and report on any company in China to the depth required. Information from which selection can be made includes: corporate details, including export license details, business operations, history, strategic or political factors, international connections, financial status, reputation, rating and overall assessment.

Our research facilities in Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Chongqing and other major cities in China are well-established businesses. They combine an extensive and painstakingly constructed contact network across China with the China company registration authorities, with good experience in “live” company research through identifying and interviewing knowledgeable individuals concerning any company. This latter capacity is essential in an environment where even data formally collected by the local authorities may not always be entirely trustworthy.

Contract Review

In many business situations there comes a time when a relationship or transaction needs to be set down in writing. Contracts are an integral part of business relationships throughout the world. This is no less true in China. Chinese contracts are drafted everyday for many different purposes. A main hindrance to the foreigner doing business in China is the inability to read a contract he is expected to sign. Even if a translation of a Chinese contract is produced, the contract is sill written in legal terms. And complex legal minutia can fill many of the pages of a China contract. For this reason, it is often advisable to retain legal counsel that is fluent in Chinese, English, and legal terminology in both languages.

At China Law Service (Chongqing ) Limited, we can produce a Chinese to English translation of a proposed contract. This translation will be carried out or modified by a China lawyer who is fluent at English. By doing this, the rights and interests of our clients will be best guarded. Possible issues that they would be on the lookout for in a contract between a Chinese and a foreigner would be conflicts of law issues between China and another jurisdiction, unequal rights between the two parties, and possible legal ambiguities that could lead to unnecessary litigation in the future. These are just a few of the issues to look out for regarding Chinese contracts.

People in or out of China may sign property leases, vehicle and equipment leases, advertising agreements, web site development and maintenance agreements, banking documents and numerous other contracts in the usual course of business. Retaining a China lawyer can make these contracts simple and easily understandable. The China lawyer may help you with the clauses like negotiating the terms, identifying the parties, completing all blanks, allocating risk, indemnification provisions, warranties, representations, events of default, rights and responsibilities, remedies provisions and so on.

It is always wise to have a competent legal professional review any document before signature. This is true especially in China where a Chinese contract is written in Chinese script. Failure to retain competent legal advice before signing a Chinese contract could lead to unforeseen legal consequences befalling the foreign businessman in China. Please contact China Law Service (Chongqing ) Limited for more information about Chinese contract review

Merger & Acquisition

On a global basis, mergers and acquisitions (M&A) were the prevalent method through which multinationals conducted foreign investment, while “green field” investments were virtually the only option available to foreign investors in China in the past. However, the environment for M&A in China has fundamentally changed in recent years, affected in party by the global economic trend and with the intention of stimulating M&A related activity, Chinese Government have introduced and consolidated various laws and regulations since 2002.

The robust growth of China’s economy and its further liberalization of the domestic market after its accession to the World Trade Organization have worked together to fuel the accelerated pace of M&A activity in recent years. It is foreseeable that M&A activity, which offers foreign investors a more immediate method of entering the China market as opposed to “green field” investment, will continue to boom in China in the years to come.

Suppose a US-based company “ABC Co.” has preliminarily identified an ideal target company in China, which it intends to acquire. Before proceeding to conduct an in-depth financial assessment and structure the prospective acquisition, it is advisable to take the following into consideration: 1. M&A transactions in China require examination and approval by Chinese government agencies. 2. The sectoral restrictions applicable to “green field” investment in China are also applicable to foreign-related M&A transactions. 3. Ascertaining the nature and desirable businesses of the target is essential to structuring the M&A transaction.

Due to the general lack of transparency or proper regulations in China, many Chinese companies may have certain irregularities incurred somewhere or sometime in the course of its business. It is imperative that a foreign investor resolve any irregularities before entering into the transaction. Therefore, conducting a legal due diligence exercise is often just as important as conducting a financial due diligence to determine the viability of the target company in a merger and acquisition deal.

Business Establishment

We have extensive experience with the entire spectrum of business entities in China, from simple Representative Offices to more complex Foreign Invested Enterprises such as Wholly Owned Foreign Enterprises (WOFEs) and Joint Ventures (JVs). We have served hundreds of clients from more than 30 countries in virtually every industry sector. Our consultants have developed an extensive network of local connections to expedite business registration projects and to negotiate for favorable incentives for large Foreign Direct Investment (FDI) projects.

We also provides a wide range of business support services tailored to the needs of Representative Offices and newly established foreign invested companies in China, including accounting services and regulatory compliance assistance.

Registering a foreign company in China is much easier than before as it doesn’t involve approval from multiple local authorities and bureaus if the perspective enterprise isn’t subject to the special administrative measures for permits stipulated by the government. However, the establishment of a foreign company is still a complicated process. Our extensive network of local government bureaus contacts, knowledge of local regulations and experience with hundreds of projects already executed can help you accelerate your entry and growth in China.

Foreign investment companies that engage in business operations in China are required to pay taxes according to China tax laws. The most commonly used forms of business for foreign investment companies are the Representative Office (Rep. Office) and the Limited Liability Company (LLC). The most important tax categories for these forms of businesses are corporate income tax and business tax, which is being transitioned to a new value-added tax (VAT) system, as well as the value-added tax (VAT) for manufacturing, wholesale, retail, and trade.

We assist our clients with their China projects regardless of which stage of development they are in, like researching the business environment, entering the market or already growing their business within China. We are committed to guiding our clients through the challenges of achieving their goals by not only keeping them abreast of current trends but also anticipating how those trends may impact the market they are in. We customize our approach according to our clients’ specific needs.

Our main priority is to provide high-quality services to maximize our clients’ potential for long-term success within China. Our mission is to provide the best solutions for our clients’ China market entry & growth needs and to become the partner of choice for companies and organizations doing business in China.

Please visit: http://www.tommyconsulting.com/legal_introduction.html

Email: tomlee@tommyconsulting.com, Skype: tomleeli
WhatSapp/Wechat/Cell Phone: +86 18926401128

English Speaking Chinese Attorney Lawyer From Chongqing Law Firms Offer Legal Issues Relating to Cross-Border Trade and Investment Legal Assistance Services In Chongqing China

Foreign companies come in contact with the Chinese legal system the moment they decide to doing business with china

China Law Service (Chongqing ) Limited is a reputable company which was organized under the laws of China and was licensed to provide legal and consulting services in China. We are consistently recognized as a premier law practice for clients in and out of China. With more than 20 years of practicing law in China, our legal teams have an in-depth understanding and knowledge of China legal culture and market dynamics.

We have an affinity for the complex and an aptitude to simplify. We always have an involvement in client's industry approach and suggest practical insightful business and individual solutions. Our mission is partnering with clients to achieve cost effectiveness, timely delivery of optimal effective solutions, integrity and personal responsibility. We listen to our clients and work with them to determine the right solution at the right time so clients are assured of the best advice and terms available for each individual circumstance.

Our legal teams have served the clients in and out of China since 1990s. We have advised on some significant investments, international trades, real estate projects, arbitration, litigation and individual needs to date. The expertise we have allows us to place ourselves at your full disposal to offer our advisory services in China, to suggest the best path to lead you to the best solutions for any challenge in your business and life.

For what problems you may hire our service?

If you have one commercial contract with a Chinese company or individual, selling them cargos/ services or buying cargos / services from them, or license them to use your IP(trademark, patent and/or copyright), and in one of below situations, you may hire us to work for you and protect your legal rights:

1. you paid them but they did not deliver you cargos or offer you the service, or did not do it in time, or

2. you sent them cargos or offered them with services but they did not pay you or did not do it in time, or

3. they delivered defective cargos to you or did not offer you with right service, or

4. they breached the commercial contract with you in other ways or other type of commercial contracts besides sales/purchase contract with you like they breached the IP license contract with you, and so on.

Other legal services:

Standing Counselor and Non-Controversy --

To offer legal services for enterprise(s) daily operation and inner management, and act as a standing counselor for enterprise(s), with following jobs upon the enterprises requirements and/or authorizations:

1. To draft Lawyers Letter to third partyies;

2. To draft and publicize legal affiche(s) in public medias;

3. To offer latest news over certain law amendment and latest governments regulations aperiodically;

4. To offer staff in the enterprise with basic Chinese law knowledge training;

5. To offer law advices for the enterprises business plans and/or certain business operations;

6. To draft, look through and revise the enterprises inner management documents, including employment contract, training agreement and/or non-disclosure agreement, etc;

7. To assist the enterprise with negotiation and/or communication with government bureau(s), and/or business partner(s).

8. Company law affairs

9. Merger and acquisition of enterprises;

10. Help client (enterprise or individual) to buy or sell real estates;

11. Law affairs of property lease, mortgage, lend/borrow, entrustment and consign for sale on commission, etc;

12. Law affairs of issuance and/or subscription of securities and underwriting;

13. Application and transferring of intellectual property of trademarks and patents;

14. Public bidding and invitation of public bidding of construction and installation engineering projects, public bidding of enterprise contracting, lease managements, etc;

15. Liquidation of business-closing and bankruptcy;

16. Draft, revision and examination of feasibility studies of civil and economic projects and agreements;

17. Investigation affairs of market and/or commodity information, and enterprise credit information;

18. Law opinion letter or law opinion suggestion letter of all sorts of economic actions;

19. Signing and/or termination of labor/employment agreements;

20. Debt collection via non-litigation methods;

21. To help clients to publish announcement, position, or point of a certain law affair or law action on public medias like newspaper and magazines, broadcasting and television;

22. Accept the application from individuals and/or enterprises and witness a certain law affair or law action;

23. Other non-controversy law affairs for attorneys;

Transnational investment --

1.To assist clients in local investment policies and laws;
2. To assist clients in negotiation with governmental responsible departments;
3. To assist clients in analyzing the investment risks and related solutions;
4. Due diligence or basic registration file investigation of partners and/or suppliers;
5. To establish foreign invested enterprises, including Chinese-foreign Equity Joint Venture, Chinese-foreign Contractual Joint Venture and Wholly Foreign Owned Enterprise, and to establish Standing Representative Office, and help clients with missions related to working visa (Z visa) and residency permission;
6. To draft, look through or amend related agreements/contracts and article of association;
7. To assist clients with transferring right of stock and other investment rights and interests, and in arrangement of company policy and management system;
8. To act as a standing lawyer for the newly established enterprise.

Mergers and acquisitions --

1. To designing and optimize transaction structures and tactics;

2. To conduct legal due diligence investigations;

3. To draft and negotiate terms, drafting equity and asset acquisition, merger, spin-off and split-up and related agreements;

4. To assist in information disclosure, governmental filings, approvals, and registrations.

International Trade --

1. To offer legal advices and views related to International Trade business;

2. To offer legal advices related to local International trade laws, regulations and policies;

3. Due diligence or basic registration file investigation of partners and/or suppliers;

4. To act as a standing lawyer for enterprises related to International Trade;

5. To act for and on behalf of clients in the litigation, arbitration in China concerning
A. negotiation, performance, breach and dispute of International Sales / Purchase Contract;
B. payment(s) of International Trade, such L/C, D/A, D/P, T/T etc;
C. product transportation, including carriage of goods by sea, by air, by train and by international multi-transportation;
D. products responsibility and insurance;
E. other transnational arbitration and litigation.

Maritime and Admiralty --

1. Bills of lading, sea waybills and through bills;

2. Bareboat charters, time charters and voyage charters;

3. Coastal transport;

4. Arrest of ship, lien on cargo and maritime security;

5. Agency agreements, shipping agency and cargo forwarding;

6. Logistics and multi-modal transport;

7. Salvage contracts and towage;

8. Marine engineering contracts;

9. Repair, Sale & Purchase of Ships;

10. Ships collision, contact and grounding;

11. Oil pollution and environmental damage;

12. Personal injury, professional negligence;

13. General and particular average;

14. Manning, crew manning;

15. Port operations.

Our lawyers have accumulated wide experience of Cross-Border Trade and Investment Legal Issues In Chongqing China

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