Search Results for: business

China business: understanding trademarks in China — be proactive and avoid common pitfalls in IP protection

Protecting trademarks is a crucial first step for any foreign company looking to do business in China.

Often, foreign companies fail to protect their trademarks holding to the misconception that there’s a lack of intellectual property enforcement in China. However, the People’s Republic of China has been a member of the World Intellectual Property Organization (WIPO) since 1980. What’s more, there are three national laws of which form the national legal framework for IP protection in China: the Trademark Law, […]

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China business: understanding ‘fapiao’ and the taxation invoice system

In China, the invoice — or fapiao (发票) — is an essential component of the State Administration of Taxation (SAT). In accordance with the Administrative Measures of the People’s Republic of China for Invoices (revised in 2010), invoices refer to the certificate of payment or receipt of money made or received in purchases and sales of goods, provisions or acceptance of services and other business activities.

In practice, a “fapiao” is evidence of payment for the sale of goods or […]

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Sino-Foreign Joint Ventures: Making business partnerships work in China

Foreign business seeking to enter the Chinese market may prefer, or even find it in their best interests, to collaborate with a local partner.

Commonly, foreign businesses able to accelerate the growth of their services or goods in China do so with a local partner who has established a market presence. In this manner, the partnership is an exchange that achieves mutual benefits, or what is often referred to as a ‘win-win’ relationship.

Sino-foreign joint ventures can be established as […]

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