frequently asked questions
TRANSCRIPT
Frequently asked questions
A presentation brought to you by LawyersChina.net
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How can you open a business in China? China encourages foreign investments and entrepreneurs can open a business here.
It is allowed to incorporate a company with 100% foreign capital.
The registration procedure requires a set of specific documents and, following the procedure, the businessmen will receive a certificate of registration, issued by the State Administration for Industry and Commerce of the People’s Republic of China.
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What are the basic rules of law in China? China controls foreign investments through a series of legislative matters.
Prior to investing in China, the businessmen should study the main regulations which are available for them.
The main rule of law for commercial companies in China is the Company Law. Foreign investors can also set up a wide range of investment funds.
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Does one need special permits in China?
Depending on the investment field of a company in China, the founders will need special permits and licenses.
Such documents are necessary for import and export activities carried out in China.
The licensing process is carried out at a regional level. Foreign businessmen can find out more details from our team of lawyers in China.
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How can a company be liquidated in China?A company can be liquidated by a mutual shareholder decision or through a court order.
The company will need to be de-registered and the creditors will have to be paid.
There are two types of liquidation procedures:
• voluntary;• compulsory.
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How can you purchase a property in China?
Foreigners can purchase properties in China.
However, prior to the purchase procedure, it is recommended to perform real estate due diligence, which is handled by a lawyer in China.
Our team of attorneys in China can assist both natural persons and legal entities with the legal requirements for the purchase.
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Do you need a visa to enter China?As a foreigner, it is necessary to obtain a visa in order to enter the country for various purposes.
The visa will be issued in accordance with his/her destination. The Chinese authorities can issue one of the following types of visas:
- diplomatic;- courtesy;- service;- ordinary.
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How to obtain a resident permit in China?Foreigners can apply for a Chinese resident permit.
In order to live in China it is necessary to obtain this type of document. The persons applying for a residence permit will need a passport and a health certificate.
Residence permits can be issued for various purposes:
• work;• study.
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What are the regulations for employment in China?
The Chinese Employment Law includes obligations for the employer and also for the employee.
The legislation prescribes the legal manners in which a person can be employed, the rights and obligations of the parties involved and many other aspects.
The employment legislation also establishes regulations in terms of taxation.
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What are the regulations for marriage in China?The Family Law in China prescribes the rights and obligations which derive following a marriage in this country.
Our law firm in China can assist natural persons with more details on how to get married here.
An important aspect of the Family Law is related to the custody of the children, in the case of a divorce in China.
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