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Setting up a wholly owned foreign enterprise in China

Interlegal

An Interlegal member in the Far East advised a Belgium company and its Taiwanese business partner on setting up a wholly owned foreign enterprise in Shanghai, craft manufacturing for automotive interiors. It negotiated a joint venture agreement with the Taiwanese company and advised the parties on the best tax structure in relation to Chinese corporate and tax law.

Negotiations also included a distribution agreement and licensing agreements to protect the client’s intellectual property rights.

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