How to Establish a Joint Venture (JV)
Key Features
As with the above foreign entities, different authorities will be involved at different stages of the approval procedure of a JV in China. To set up a CJV the Chinese and foreign partners must submit documents such as a project proposal, the contract, the signed agreement, and articles of association to the relevant local government authority for examination and approval. After receiving approval, the partners have 30 days to apply for registration and a business license to the Administration of Industry and Commerce. The date of the establishment of the JV is the date on which the business license is issued. Once the establishment stage has been completed and the license obtained, the venture ...
Get The Chinese Market now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
