Joint Venture Agreements
Due Diligence for Foreign Joint Ventures in China
Due diligence is an absolute must if you plan to team up with a Chinese partner. It’s a jungle out there, so be wary. This is no place to cut expenses or rush through things because a half-done job may cost you twice as much time and money later. Due diligence is not a particularly prevalent practice among the Chinese and they may have trouble understanding why you are “making things difficult”. If your prospective partner refuses to... Read All
Real Estate Law in China for Foreign Investors
What the Law Says In China, neither domestic companies nor Foreign Invested Enterprises may own land outright; instead they own Land Use Rights. There are two kinds of Land Use Rights – Allocated and Granted. In comparison with Western common law concepts, Allocated Land Use Rights are in some way similar to leaseholds, and Granted Land Use Rights are in some ways similar to life estates. Allocated Land Use Rights are generally provided by... Read All
5 Do's And Don'ts When Approaching A Possible Joint Venture Partner
It can be an intimidating task when approaching a potential online joint venture partner for the first time. Listed below are five dos and don'ts that will make the difference between achieving a partnership and getting it set off on the right foot. 1. Do not have a negative attitude Nothing will ruin a business proposal more than having a negative attitude. You must not, under any circumstances, enter a proposal with the thought of "this is... Read All
Joint Ventures In Real Estate Development; So How Do They Work?
There are many reasons why you would consider joining with another person to undertake a development project in Joint Venture. Usually the most basis reason reveolves around something you don't have. Some of them may be: 1. I own land ... have capital & capacity to borrow ... but no experience. 2. I have capital & capacity to borrow ... partner has land ... both have no experience. 3. I am 'time poor' ... work full time and can't be... Read All