The interest of foreign enterprises and multinational companies in China market keeps climbing up over the years. Our consultants and lawyers receive increasing numbers of enquiry from clients regarding expansion their business into China. The authors are familiar in handling different types of foreign clients who run their business in China. We understand that foreigners may encounter various problems because of the misunderstanding to the legal system and judicial practice in Mainland China. By illustrating the most frequently asked questions, foreigners are able to work, live and invest in China with a clearer guideline in doing things right. We hope everyone can be winner in doing business in PRC complying with the legal system and carry out their business in China effectively.Dr. Dennis Tang of Tang Lawyers has near 20 years of working experience as senior management with foreign-invested enterprises and practicing lawyer in Mainland China. Ms. Camille Hui specializes in China Business with extensive experiences in law firms of Hong Kong and China. For any feedback and enquiry, please contact us at our website www.tanglawyers.co
PART I - Welcome to China!China at a Glance 8Political System 9Legal System 10Financial System 11Economy 12Language 15Business etiquette 16…. (and 10 other topics)PART II - Investing in ChinaMy business in foreign country is running quite well that we may want to expand into China. Are all kinds of business nature welcomed in China? 50A friend recommended me to invest into a Chinese Company for its shares, what are the major areas I should be aware of? 52What are the fundamentals for start doing business in China? 54What are the risks of doing business without having a proper entity? 57Why foreign investor should start with Hong Kong before entering into China market? 60How shall I choose between WFOE and RO for my business? 62How can one transfer money in and out of China? 65…. (and 13 other topics)PART III Working & Living in ChinaIf I frequently represent my company to work in China, do I need any application? 107What are the major concerns for expatriate to work in China as employee? 108What are the details I should be aware of if I sign employment contract with company in China? 111My Chinese colleagues have joined the social security insurance scheme, do I need one too? 114How shall I pay tax if I always live in foreign countries but employed in China? 118…. (and 15 other topics)PART IV Frequently Asked Questions on Chinese LawWhat happens if I get caught working illegally in China? 171When expatriates breaking law in China, will they be treated differently? 173My money in my China bank account has been wrongly transferred to the swindler. What should I do? 176Is it illegal to play mahjong or cards in China? 179What should I do if my pet bites others? 184I heard that private lending in China is illegal, isn't it? 186…. (and 15 other topics)
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