Entering the Market of the PR China
Which legal form we chose for entering the Chinese market depends on a number of factors.
The first step is usually to engage a commercial agent or to set up a representative office. If a production company is being founded, a Joint Venture has been proven to be the most popular form in the past, as a well-networked Chinese partner can be of great advantage. Often there were difficulties with the two partners, particularly due to both having different objectives from the Joint Venture. Currently the most popular form is the WFOE - three quarters of all start-ups are performed as a...