SMBs and SMEs

India flag

Navigating FDI Rules in India

Foreign Direct Investment (FDI) in India is primarily regulated by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Foreign Exchange Management Act (FEMA). As one of the world’s top FDI destinations, India ranked as the eighth-largest recipient of FDI in 2023, according to the World Investment Report 2023. India’s economic growth […]

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Protect Your Intellectual Property in China in 2024

Introduction When you’re busy building your business, there’s a lot to think about, including how to best protect your ideas and hard-earned assets — especially when you’re expanding into or managing your supply chain involving overseas markets like China. The last thing you want is for someone to use your ideas for their own profits, or

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Foreign investors entering the Chinese market

Key Legal Risks for North American SMEs Doing Business in China: Navigate Compliance Issues

It is cliché to say China is a huge market with great potential; however, doing business there can still be tricky. According to insights from Dezan Shira & Associates, the Chinese market, while offering vast opportunities, presents a myriad of legal and regulatory challenges that foreign businesses must navigate carefully. With evolving policies and increasing

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register vs paid-in capital

Registered Capital vs. Paid-In Capital

Written on: October 14, 2021 Updated on: April 29, 2024 When navigating the Chinese business landscape, understanding the differences between registered capital and paid-in capital is crucial for North American SMEs. These concepts play a significant role in determining a company’s financial credibility and operational capabilities in China. What Exactly is Registered Capital? Registered capital,

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China Compliance Issues

China Imports Regulations: What Small Businesses Need to Know in 2024

China Import Regulations 2024: What Small Businesses Need to Know For small businesses looking to enter the Chinese market, understanding the latest import regulations is crucial. Here’s what you need to know for 2024. Prohibited List The “prohibited list” includes items that cannot be sold to China legally, such as toxic waste, due to their

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Foreign investors entering the Chinese market

Ways to enter the Chinese market – Direct vs. Indirect

Ways to Enter the Chinese Market – Direct vs. Indirect Ways to Enter the Chinese Market – Direct vs. Indirect For foreign investors looking to enter the Chinese market, there are several preliminary issues to consider. Among those issues is whether you want to found a company in China or simply want to do business

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business secrets protection

China NNN Agreement Explained in Plain English

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,

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China contract

Pro Tips: Avoid Contract Disputes with Chinese Partners

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

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Outsourcing

Engaging an OEM in China? Put these two things on your to-do list

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

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China Legal Risks

Top Three Legal Risks for Business Owners in 2023

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

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