China Contract Specificity and North Carolina Blue
If you want your Chinese manufacturer to do something, you need to put that in your China manufacturing contract.
China Laws as Written Versus China Laws in Real Life
Chinese laws as written do not equal Chinese law in real life. Sorry.
Reviewing China Contracts
The contracts Chinese companies provide to their foreign counter-parties are typically terrible because the Chinese company wants them to be terrible.
China LOI and MOU: Don’t Let Them Happen to You
At least once a month, an American or sometimes a British company will come to one of our China attorneys after having spent considerable time negotiating a complex transaction with a Chinese company. They then show us a Letter of Intent (LOI) or a Memorandum of Understanding (MOU) that sets out in great detail the
China Contracts That Work: Get the Company Chop Right
Avoid China contract problems with the proper company chop or seal.
China Payment Terms: Tricks Of The Trade
Whenever one of our China attorneys is retained to represent a client providing goods or services to China, we start by asking about the terms of payment. If the Chinese side is going to pay our client the full amount upfront, the contract provisions do not need to be too specific. But this almost never
How Do I Decide Which Type of Foreign Entity to Use When Taking My Company Overseas?
In two recent posts, How To Succeed When Taking Your Company Overseas and Do I Always Need to Form a Company in a Foreign Country?, I discussed some common issues companies need to wrestle with when deciding whether and how to take their company overseas. Among those are the pitfalls of having a foreign entity
Splitting Salaries of Non-Chinese Employees: The Legal and Tax Issues
Our China lawyers are often asked whether it is legal to pay non-Chinese employees from both their China WFOE and from a company outside China (usually their home country parent company). The answer is an easy yes, but the tax issues that arise from doing so are where things get really difficult and why we