Chinese Business Law

1. Why You Should Hire Attorney For Doing Business In China? There is no surprise in saying that getting into a Chinese court is easy but you need to know that it is very difficult to get out from the legal cases once you have been trapped. Most of the foreign businesses do not like to pay charges to the attorneys for doing business in China and they only think about hiring the attorneys or law advisors at the very last moment when they are served with the complaints and summons. If you're someone who is planning to do business in China then you need to know that foreign investment in China is classified into four categories according to the foreign investment guidelines which include: Encouraged investment Permitted investment Prohibited investment and Restricted investment. Today, many laws are currently being amended to meet China’s WTO obligations after its re- entry into WTO in December 2002 to further liberalize industries such as real estate, legal services, telecommunications, management consulting, advertising and so on. In addition, now all the foreign companies can also own sizable minorities of various organizations that are previously foreclosed to them such as retailing, wholesale distribution, warehousing, logistics, Banking and Insurance. One important thing that you need to keep note is that bearing the

2. charges of hiring an attorney or lawyer for doing business in China to keep you out of the legal tussle is comparatively very low and much more affordable option than getting trapped in the court and losing a lot of money for the complaints and summons. There are many attorneys and Advisors available for business ventures in China but you need to know that not all are created equal and offers you the best legal services. So, it is important to make sure that you choose the right attorney like IPO Pang which provides incredible value to your business and also greatly help you to protect from legal implications. IPO Pang is one of the leading and most reputable company in China that have more than 30 years of experience and our firm has been the “go-to firm” when the entrepreneurs and multinational companies need their business legal matters in China. Our team of highly trained and experienced lawyers handles each and every case properly, efficiently and with practical wisdom that comes from their many years of experience and expertise. At IPO Pang, we treat each and every Endeavour with utmost dignity and integrity and greets all the problems with imagination and innovation. Our team of experienced and professional lawyers do not sell time, we sell solutions with our innovative legal solutions, zealous representation, aggressive courtroom tactics and creative business structures that made as one of the top International boutique firms with exceptional capabilities and operations in China. For more details and other information to know about IPO Pang please visit our website here: https://ipopang.com/ To know more, you can visit here: Cross Border Joint Ventures