A Practical Guide for North American SMEs to Avoid Contract Disputes with Chinese Companies In the current business environment, trust between Chinese companies and Western businesses has decreased. There are more risks in the Chinese economy. As a result, contract disputes occur more often than before. It is crucial for North American small businesses to …
Super Easy to Avoid Contract Disputes with Chinese Companies Read More »
Before engaging in commercial exchanges, a formal Sales Contract laying out the rights and obligations of both buyer and seller should be your first step. Sales Contracts are made up of many standardized clauses and some highly specific ones. For the seller, the most important clauses are those that prevent your buyer or distributor from …
How a Sales Contract Protects Your Interests in China Read More »
International business is fast-paced. It is easy for people to overlook the need for a written contract or choose to use a template. Let’s say you have a new buyer for your product, and you have already agreed on everything orally – you might be tempted to start shipping right away – but don’t forget …
Four Reasons You Should Have A Tailor-made China Contract Read More »
Entering into a contract is a serious legal process for anyone, especially small and medium enterprises entering new markets. For those who work on an international scale, particularly in China, those contracts may contain legal terms along with clauses or terms that the average business owner may not fully understand. And without a legal background, …
The Importance of Contract Review for International SMEs Read More »
Beyond dispute avoidance and resolution techniques, your contracts play a crucial role in protecting your business interest in China. When negotiating a China-related contract, foreign businesses must consider whether it will be governed by Chinese or foreign law. In this third post of our dispute resolution series, we will be covering the importance of the …
In western business, signatures are used as a way for individuals and companies to provide proof of identity and intent. By signing a document, the signee demonstrates knowledge, approval, acceptance, or obligation of its terms and conditions. Signatures can be affixed in a number of ways, but written and electronic signatures are by far the …
China Corporate Seals: What are they and how do they work? Read More »
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