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CONTENTS
CHAPTER 1
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6
Devising your China investment strategy
Pre-investment considerations
Options concerning foreign investment vehicles
JVs vs WFOEs – working out what’s best for you
JV regulatory issues and implementation rules
Encouraged industry applications
CHAPTER 2.........................................................................................................27
Structuring your JV
Structuring Joint Ventures – general issues
Specific JV structural issues
Technology transfer agreements
Legal and financial due diligence
The Memorandum of Understanding
Contractual JVs and Equity JVs
JV contracts and articles of association (including English language basic drafts)
The application process
Intellectual property
CHAPTER 3.........................................................................................................71
Development zones
CHAPTER 4........................................................................................................74
Human resources
Inheriting staff
Employing Chinese staff
Employing expatriate staff
Good recruitment practice
General conditions and salaries
The Labor Law
CHAPTER 5.........................................................................................................81
China’s business taxes
Withholding tax
Value-added tax
Business taxes
Consumption Tax
Audit
Profit repatriation
CHAPTER 6.......................................................................................................101
JV conversions and closures
Converting Joint Ventures to WFOEs
Liquidating Joint Ventures
Glossary of terms.................................................................................................................107