Entries by Mike Bellamy

What you need to set up a WFOE in China

Setting up a WFOE in China WFOEs usually take the form of limited liability companies and the liability of the foreign investor in respect of the WFOE is limited to the amount of capital it agrees to contribute. The risk of proceeding with a WFOE structure is that a foreign investor will not have the […]

China sourcing: Are bilingual contracts necessary?

After AsiaBridgeLaw.com’s presentation regarding the importance of bilingual contracts at the Hong Kong sourcing fair hosted by Global Sources, some clients wrote me asking more about bilingual contracts. A few clients wanted to know, “Do you really think Bilingual contracts are necessary?” I understand clients’ concerns. China sourcing issues are something that we deal with […]