![]() ![]() An EJV is a limited liability company where profits and losses are distributed by the ratio of capital contributions. ![]() In short, a Joint Venture in China is a limited liability company that is created through a partnership between a foreign-invested enterprise (FIE) and Chinese investors, who share the costs, rewards, and the management of the joint venture.Īfter the announcement of new Foreign Investment Law, which is effective on January 1st, 2020, previous distinctions between the Equity Joint Venture (EJV) and Cooperative Joint Venture (CJV) have been abolished.Įxisting joint ventures incorporated before the discussion and implementation of the Foreign Investment Law now have a five-year transition period to proceed with the changes required in their current corporate structure. Approaching skills, capabilities, and other tangible benefits that only a local structured partner could offer.Sharing risk in complex and bureaucratic investment projects. ![]()
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