Malaysia Hotline : +603-2141 8908
China joint venture (JV) is the enterprise that foreign
companies, enterprise and other economic organizations or individuals
(hereinafter referred to as “foreign investors”) to establish equity joint
venture together with Chinese companies, enterprise and other economic
organizations (hereinafter referred to as “Chinese partners”) within the
territory of the People's Republic of China, on the principle of equality and
subject to approval by the Chinese Government. Both parties to the venture
shall share the profits, risks and losses in proportion to their contributions
to the registered capital. Remarkably, Chinese individuals are not qualified to
invest in the JV. On the other hand, a minimum of 25% of the capital must be
contributed by the foreign partner(s).
There is no minimum share-holding percentage of investment
for the Chinese partner(s). Share holdings in a joint venture are usually
non-negotiable and cannot be transferred without approval from the Chinese
government. Similarly, investors are restricted from withdrawing registered
capital during the existence of the joint venture contract.
Types of China Joint
Venture
1- EJV (Equity Joint
Venture)
Equity joint ventures are the second most common manner in
which foreign companies enter the China market and the preferred manner for
cooperation where the Chinese government and Chinese businesses are concerned.
2- CJV (Cooperative
Joint Venture)
In a Sino-Foreign Cooperative Venture (also known as
Contractual Joint Venture), the parties involved may operate as separate legal
entities and bear liabilities independently rather than as a single entity. A
cooperative venture may also be registered as a limited liability entity
resembling an equity joint venture in operation, structure, and status as a
Chinese legal entity. There is no minimum foreign contribution required to
initiate a cooperative venture, allowing a foreign company to take part in an enterprise
where they preferred to remain a minor shareholder.
China Joint Venture
Follow-up Services
ATAHK can provide a series of after services to customers,
such as open company basic bank account, open tax account, do accounting,
annual return service, company alteration, financial planning and so on
Time required for
setting up joint venture in China
1.For manufacturing enterprise: 30-50 working days will be
finished. (Count the time after the approval of environment & fire and the
detailed time depends on the operation type)
2. For the trading and service enterprise: 30-50 working
days will be finished.(The detailed time depends on the operation type)
China Joint Venture (JV) is a good way for foreign investors
to start the business in China. Tannet could assist the investors to set up the
Wholly Foreign Owned Enterprise (WFOE), Foreign Invested Partnership Enterprise
(FIPE), and others. Tannet Malaysia is an International Consultant Firm based in Hong Kong, China. We provide one stop business services such as international company formation, international trademark registration, outsource accounting services and etc.
Contact us:
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Shenzhen hotline：86-755-
36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my