Doing business in China: Special rules on setting up trading companies in China
Liao, Z. (2013). Doing business in China: Special rules on setting up trading companies in China. NZLawyer, 201, 12-13.
Permanent Research Commons link: http://hdl.handle.net/10289/7779
In general, an overseas company may set up a company in China as a wholly foreign-owned enterprise, an equity joint venture, or a contractual joint venture. The three basic statutes on foreign-invested enterprises, namely, the Law on Wholly Foreign-invested Enterprises 1986, the Law on Sino-Foreign Equity Joint Ventures 1979, and the Sino-Foreign Contractual Joint Ventures Law (1988), provide for the general requirements and set-up procedures. However, if the company is to be set up for trading (rather than processing or manufacturing) activities, its setting up must also comply with some special rules.
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