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CHAPTER 1.......................................................................................................... 6
Devising Your China Investment Strategy
Pre-Investment Considerations
Options Concerning Foreign Investment Vehicles
WFOE Regulatory Issues and Implementing Rules
Encouraged Industry Applications
CHAPTER 2........................................................................................................ 19
Structuring Your WFOE
Structuring Manufacturing WFOEs
Foreign Invested Commercial Enterprises
Structuring Service WFOEs
Feasibility Study Reports
Articles of Association (including English language basic draft)
The Application Process
Intellectual Property
CHAPTER 3........................................................................................................ 50
WFOE Conversions and Closures
Converting Processing and Assembly Operations (LLJGs) to WFOEs
Converting Joint Ventures to WFOEs
Relocating WFOEs
WFOE Liquidations
Establishing WFOE Branches
CHAPTER 4....................................................................................................... 61
Development Zones
CHAPTER 5........................................................................................................ 64
Human Resources
Employing Chinese Staff
Employing Expatriate Staff
Good Recruitment Practice
General Conditions and Salaries
Labor Contract Law
CHAPTER 6........................................................................................................ 70
China's Business Taxes
Corporate Income Tax
Withholding Tax
Value-added Tax
Business Taxes
Consumption Tax
Audit
Profit Repatriation
Glossary of Terms.................................................................................................................. 90
CONTENTS