For your reference, please find a sample China NNN Agreement agreement (in bilingual language versions) following this blog. Small businesses are facing significant challenges in 2023. Many SMEs attempt to curtail expenditures by scrutinizing current suppliers or plan to engage new original equipment manufacturers (OEMs). When an SME engages a new OEM in China, …
– The Best Practices for Small Businesses to Avoid Scams and Protect IP when outsourcing to China Outsourcing production to China can be a cost-effective way for small North American businesses to manufacture their products. However, it’s important to be aware of potential scams and fraud when dealing with Chinese suppliers. In this blog post, …
Outsourcing to China – Best Practices for SMEs to Avoid Scams and Protect IP Read More »
When engaging a Chinese company to be your original equipment manufacturer (OEM), it is crucial to take precautions and follow well-established advice to avoid common pitfalls. Due Diligence on an OEM The main way of avoiding scams and fraud is to conduct a thorough due diligence exercise. 1. Legitimacy of an OEM Determining the legitimacy …
Engaging an OEM in China? Put these two things on your to-do list Read More »
There are several legal risks for doing business in China, but what matters to your business the most in 2023? In this article, our platform’s China legal experts have identified the top three legal risks for doing business in China in 2023. We wanted to share this insight with our audience as the new year …
Top Three Legal Risks for Business Owners in 2023 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 »
When dealing with a Chinese business, you may want to check its capital position to assess whether it can support its operations sustainably. In this background, it is important to understand the concept and market practice related to registered capital in China. In China, however, when you look into a company’s capital, you will encounter …
Manage your legal risks in China more efficiently
Since the pandemic, China has closed its borders to international travellers — personal, leisure, or business — for two whole years. As early as August 2020, the Wall Street Journal noticed that an estimated 250,000 business executives were stuck abroad and could not get back to China, leaving their local operations unattended. The challenge for …
Is It Possible for Businesses to Handle Their China Operations Remotely? Read More »
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