What is a representative office in China?
What is a representative office in China?
A Representative Office (RO) is an extension of a foreign company. If an RO signs a contract, the foreign company is bound by the agreement. ROs are permitted to engage in only a limited number of activities and is not allowed to make a profit.
How to set up sales office in China?
In order to authorize a sales office in China, the local structure of at least one employee in the mainland is necessary. Under these circumstances, the company has two options; either to delegate a representative from the company’s home country to China, or hire a Chinese employee.
How do I set up a representative office in Hong Kong?
Registration Procedure There are no registration requirements with the Companies Registry for Representative Offices in Hong Kong. However, it must apply for a Business Registration Certificate with the Inland Revenue Department within one month from its date of commencement.
Can foreign law firms practice in China?
Registration. Foreign law firms or lawyers cannot provide legal services in the PRC in the names of consulting companies or other organisations. Foreign law firms can apply to the provincial Bureau of Justice to set up a representative office in a specific region of the PRC.
What does Representative Office do?
A representative office is an office established by a company or a legal entity to conduct marketing and other non-transactional operations, generally in a foreign country where a branch office or subsidiary is not warranted.
What is a branch entity?
Branch can be understood as the entity other than the parent company, wherein same business as that of the parent is carried out at a different location.
How do I become an international lawyer in China?
In China, as in many other countries, legal education can be obtained at the undergraduate level. To become a lawyer, a student must first achieve a Bachelor’s degree and then pass the Chinese bar, which is called the China National Judicial Examination (zhongguo guojia sifa kaoshi).
How long does it take to become a lawyer in China?
Legal Education in China Universities offer three year law programs in China. After graduation, the student needs two or more years of experience working in the legal field before they are eligible to take an examination that is only offered two times a year.