China’s Legal Business Framework

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BEIJING, Jun. 29 – Richard Hoffmann, the senior legal associate for Dezan Shira & Associates in Beijing, appeared yesterday as a guest speaker at a “Doing Business in China” seminar held by the Austrian embassy at the Kempinski Hotel Beijing.

The seminar was an excellent opportunity for potential investors to learn about a broad spectrum of China related business topics, such as the country’s macroeconomic development, legal questions and cultural differences between China and the western world.

During his presentation Mr. Hoffmann provided an overview over the legal framework that market entrants face in China.

Firms willing to invest in China face different opportunities of establishing a foothold in the Chinese market. Mr. Hoffman pointed out the pros and cons of different investment vehicles with respect to their legal implications. These investment vehicles are the “freelancer,” the representative office, the joint venture, the wholly foreign-owned enterprise and a new investment vehicle, called the foreign-invested partnership.

The legal aspects that Mr. Hoffman discussed included: :

  • Labor legislation
  • Invoicing
  • Transfer of capital
  • Registered capital
  • Visa regulations

Mr. Hoffmann’s presentation is available for complimentary PDF download.

For further advice or comment on China’s legal business framework, please contact Richard Hoffmann at legal@dezshira.com.