Joint Venture Registration
A Joint Venture (JV) is a business arrangement in which the participants create a new business entity or an official contractual relationship and share investment and operation expenses, management responsibilities, and profits and losses.
The Chinese authorities encourage foreign investors to use this form of company in order to obtain exposure to advanced technology and new management skills. In return, foreign investors can enjoy low labour costs, low production costs and a potentially large Chinese market share. JVs are sometimes the only way to register in China if a certain business activity is still controlled by the government.
You can either start an Equity Joint Venture or a Cooperative Joint Venture, both of which have specific advantages depending on the scope and requirements of your business. Contact us now to discuss which would be the best type of venture for you.