Doing Business in China Free Essay

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Doing Business in China

What is the status of a representative office ("RO")? An RO is not a separate legal entity. It is intended to be a liaison office of its parent foreign enterprise. Its main functions are researching the local market, liaising with local contacts, and making necessary arrangements for staff of its parent company in China. It is not allowed to engage in any business for profit, sign contracts or issue invoices. Can an individual or a corporation purchase a piece of land in China to construct its own factory? Ownership of land in China belongs to the State, but the land use right of a piece of land can be granted upon payment of premium and/or land use fees. Land use right can be assigned or mortgaged to other parties upon full payment of

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