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Juha Lassila

Six Secret Formulas from Private Equity to Boost Company Performance - 0 views

www.nzcchk.com/Events.htm

china business

shared by Juha Lassila on 17 Mar 11 - No Cached
  • Six Secret Formulas from Private Equity to Boost Company Performance 
  • 1.         Break the existing “satisfactory underperformance” 2.         Develop a blueprint detailing how to turn initiatives into results 3.         Accelerate performance by implementing a rigorous program 4.         Reward generously for managers to think and act like owners 5.         Manage working capital aggressively and discipline capital expenditures 6.         Foster a results-oriented mind-set
Juha Lassila

Chinese Partnership - A New Alternative… A Better One? | Taxand - 0 views

www.taxand.com/...A_New_Alternative_A_Better_One

china law

shared by Juha Lassila on 29 Nov 10 - No Cached
  • Effective from March 1, 2010 Chinese partnerships can be formed with: two or more foreign enterprises or individuals foreign enterprise(s) or individual(s) and Chinese individual(s) enterprise(s) or other organisation(s). In addition foreign enterprises and individuals are allowed to become partners in a partnership formed by Chinese individuals, Chinese enterprises or other organisations. Good news for foreign investors?
Juha Lassila

Shanzai.com - 0 views

www.shanzai.com

china shanzai news info

shared by Juha Lassila on 29 Nov 10 - Cached
  • Juha Lassila on 29 Nov 10
     
    Information and news on "bandit gadgets"
Juha Lassila

New social insurance law finally passed - Lexology - 0 views

www.lexology.com/...detail.aspx

china law labor

shared by Juha Lassila on 30 Nov 10 - No Cached
  • Juha Lassila on 30 Nov 10
     
    The new Social Insurance Law will formally take effect on July 1, 2011. Foreign nationals working in China should participate in the country's social insurance system. If an employer does not make social insurance contributions on time or underpays social insurance contributions, the social insurance authorities now have greater authority and additional tools to force employers to make back payments of amounts owed.
Juha Lassila

New Regulations for Resident Representative Offices in China | Regulatory Updates - Dez... - 0 views

www.dezshira.com/...entative-offices-in-china.html

china law setup startup

shared by Juha Lassila on 25 Dec 10 - No Cached
  • Representative offices cannot employ in excess of four foreign staff, including the chief representative.
  • representative offices will not be permitted to apply for tax exemption
  • representative offices may also not engage in any profitable activities
  • ...6 more annotations...
  • If you require your China operations to directly buy and sell, have its own import/export license, and legitimately trade in China – you will need to change your current RO structure to that of a foreign invested commercial enterprise (FICE) or wholly foreign owned enterprise (WFOE)
  • 2. ROs are now more expensive to operate than a FICE or WFOE
  • foreign invested commercial enterprises (FICE) These are typically used for the following business activities: • Import-export and distribution • Retailing: selling goods and related services to individuals from a fixed location, in addition to TV, telephone, mail order, internet and vending machines, • Wholesaling: selling goods and related services to companies and industry, trade or other organizations • Agencies, brokerages: representative transactions on the basis of provisions • Franchising Use of wholly foreign owned enterprises (WFOE) in the services industry • Consulting, other professional services • Quality control, after sales services, product design, technical support, sampling (although minimum amount permitted)
  • WFOEs may also be used for manufacturing.
  • the establishment of both a FICE and a WFOE are rather more complex than an RO
  • The structuring and application of the new FICE/WFOE can be combined at the same time as the RO closure.
  • Juha Lassila on 25 Dec 10
     
    Hmmm... If FICE/WFOE are more complex to setup then what about FIPs - Foreign Invested Partnersips?
Juha Lassila

China's 12th Five-Year Plan for National Economic and Social Development provides a gli... - 0 views

www.lexology.com/...detail.aspx

china FYP

shared by Juha Lassila on 12 Apr 11 - No Cached
  • establishes industrial goals
  • dentifies key growth industries
  • nine key industries:
  • ...4 more annotations...
  • equipment manufacturing; shipbuilding; automobiles; iron and steel; non-ferrous metals; building materials; petroleum and chemicals; light industry; and textiles
  • seven strategic industries:
  • energy-efficiency and environmental protection; new-generation information technology; biology; high-end equipment manufacturing; renewable energy; new materials; and new-energy cars. The Plan aims to improve Chinese companies' competitiveness in the world market.
  • Companies active in the industries identified for special treatment by Chinese central planning should be aware that the Plan may result in increased subsidization by the Chinese government in these areas, affecting trade flows and product competitiveness.
Juha Lassila

Real-name registration required for new mobile numbers in China - Lexology - 0 views

www.lexology.com/...detail.aspx

china law ICT gaming

shared by Juha Lassila on 02 Dec 10 - No Cached
  • Real-name registration required for new mobile numbers in China
  • Online gamers must provide their real names, identity numbers and contact information.
Juha Lassila

The Global Technology Revolution China, Executive Summary: Emerging Technology Opportun... - 1 views

www.rand.org/...MG776

china technology development best_of

shared by Juha Lassila on 01 Dec 10 - No Cached
  • Free, downloadable PDF file(s) are available below.
  • Emerging Technology Opportunities for the Tianjin Binhai New Area (TBNA) and the Tianjin Economic-Technological Development Area (TEDA)
Juha Lassila

The evolution of China's IPR system and its impact on the patenting behaviours and stra... - 0 views

web.resource.amchamchina.org/...96f411001105082f66ba93a02f.pdf

china IPR patents academic

shared by Juha Lassila on 08 Dec 10 - No Cached
  • Juha Lassila on 08 Dec 10
     
    Zheng Liang* and Lan Xue China Institute for Science and Technology Policy (CISTP), School of Public Policy and Management, Tsinghua University, Beijing 100084, P.R. China E-mail: liangzheng@tsinghua.edu.cn E-mail: xuelan@tsinghua.edu.cn *Corresponding author Abstract: This paper first reviews the evolution of China's IPR system with an emphasis on the patent system, which is mainly shaped by three forces including the transition to a market economy, the opening of the domestic market and the national initiatives for cultivating indigenous innovative capabilities. Then by using some unique data both at the national level and firm level, it analyses the patenting behaviours and strategies of foreign multinationals in China in comparison with local firms, which has yielded some interesting findings. First of all, the patent deployment of multinationals in China is mainly market-oriented and strategic. Although the negative perception of China's IPR system has led multinationals to act defensively, they have been able to adapt to the Chinese system and maximise their economic benefits, in addition to gaining competitive advantages. Also, while multinationals' patenting in China has created some obstacles for local firms to catch-up, it has also forced some of them to find new ways to innovate and develop their own capabilities. Keywords: China's IPR system; patent system; multinationals; patenting behaviours; patent strategies.
Juha Lassila

1.5 billion to one: online copyright enforcement against the odds - Lexology - 0 views

www.lexology.com/...detail.aspx

china IPR digital

shared by Juha Lassila on 23 Dec 10 - No Cached
  • Juha Lassila on 23 Dec 10
     
    As China improves its protection for both online copyright and intellectual property as a whole, new weapons are being added to the rights holder's armoury
Juha Lassila

China Due Diligence You Can Conduct Yourself | China Briefing News - 0 views

www.china-briefing.com/...-you-can-conduct-yourself.html

due_diligence

shared by Juha Lassila on 22 Feb 11 - No Cached
  • Juha Lassila on 22 Feb 11
     
    by Dezan Shira.
Juha Lassila

Foreign Invested Partnership - Presentation by Dezan Shira - 0 views

www.china-briefing.com/...FIP-Presentation-2010.pdf

china law FIP

shared by Juha Lassila on 29 Nov 10 - No Cached
  • Juha Lassila on 29 Nov 10
     
    FIP-Presentation-2010.pdf (application/pdf Object)
Juha Lassila

New provision could change contract law in China but judges remain conservative - Lexology - 0 views

www.lexology.com/...detail.aspx

china law contract

shared by Juha Lassila on 29 Nov 10 - No Cached
  • many parties to such contracts requested modification or even rescission of their contracts under the changed circumstances
  • court to modify or rescind a valid contract:
  • objective circumstances
  • ...6 more annotations...
  • force majeure
  • not a result of a normal commercial risks
  • would be unfair and inequitable to one party or the objective of the contract cannot be fulfilled
  • In deciding whether to grant a request for modifying or revoking a contract, the people’s courts will primarily consider (1) the principle of fairness and (2) the surrounding facts involved in each individual case.
  • to not permit debtors escape from performing their debt repayment obligations
  • If based on the specific situations of individual cases, the court considers applying this provision, the trial court must first report this case to the high court at the provincial level for examination and approval. When necessary, the case may be reported to the SPC for examination and approval. Having the high court at the provincial level as the primary authority for applying Article 26 ensures unified application at least by province.  
Juha Lassila

New tax notice brings some clarity on expat secondments - Lexology - 0 views

www.lexology.com/...detail.aspx

china tax

shared by Juha Lassila on 02 Dec 10 - No Cached
  • Juha Lassila on 02 Dec 10
     
    The SAT Interpretation lists certain factors (such as whether the overseas parent company directs the work of the employee or bears the salary costs of the employee, whether any profit is derived from the secondment, etc.) to determine if a seconded expatriate is working for the parent company. If any one of the conditions is met, the tax authorities may determine that the seconded expatriate is working for the parent company. The treaty clauses regarding PE will then be applied to determine whether the parent company creates a PE in the country where the subsidiary is located. In other words, if any of the factors are deemed to apply, the risk of the offshore parent company being deemed to have a
Juha Lassila

Past lessons for China's new joint ventures - McKinsey Quarterly - Corporate Finance - M&A - 0 views

www.mckinseyquarterly.com/...Chinas_new_joint_ventures_2717

china joint_ventures management

shared by Juha Lassila on 13 Dec 10 - No Cached
  • pair with local companies that explicitly share their strategic goals
  • agree on the scope of the partnership
  • Bringing only older technology to China.
  • ...13 more annotations...
  • Leaving the blueprints at home.
  • Keeping critical intellectual property completely out of a joint venture.
  • Charging for intellectual property up front.
  • map out critical stakeholders in and around the joint venture
  • ssign relationship responsibilities at multiple levels of the organization
  • developing interaction protocols
  • The CEO of a leading global insurer, for example, often teaches management practices at the Central Party School.
  • failures might have been avoided if the CEOs of the parent companies and the joint ventures’ future management teams had spent time collectively developing business plans and preparing for changes in market dynamics.
  • agree on key business priorities, such as volume versus value, channels, products, and target customer segments.
  • provide for direct reporting lines to their CEOs
  • assigned responsibility for China to a member of their management boards
  • When a European transportation company made China its second home market, for example, it elevated its China president to the global management board and sent its global CEO to China at least six times a year to meet with the joint-venture partners.
  • Preparing for breakup
Juha Lassila

New rules on the litigation of cases involving foreign investment enterprises - Lexology - 0 views

www.lexology.com/...detail.aspx

china law litigation

shared by Juha Lassila on 17 Dec 10 - No Cached
  • The Provisions deal mainly with cases involving such FIEs as contractual joint ventures, equity joint ventures and wholly foreign owned enterprises
Juha Lassila

SAIC strengthens supervision and disposal of contract-related illegal activities - Lexo... - 0 views

www.lexology.com/...detail.aspx

china law contract consumer

shared by Juha Lassila on 17 Dec 10 - No Cached
  • no party may, by taking advantage of a contract, shall commit the following fraudulent activities:
  • there are new rules relating to provisions under standard contracts that all entities doing business in China should be aware of, as they create an immediate compliance risk relating to contracting with consumers using standard contracts.
  •  Supervision and Disposal Measures for Contract-related Illegal Activities  合同违法行为监督处理办法  Issuing Authority: State Administration for Industry and Commerce  Date of Issuance: October 13, 2010 / Effective Date: November 13, 2010
Juha Lassila

NASA - New Map Offers a Global View of Health-Sapping Air Pollution - 0 views

www.nasa.gov/...health-sapping.html

world china environment pollution

shared by Juha Lassila on 31 Dec 10 - No Cached
  • The problematic particles, called fine particulate matter (PM2.5), are 2.5 micrometers or less in diameter, about a tenth the fraction of human hair. These small particles can get past the body’s normal defenses and penetrate deep into the lungs.
  • In many heavily urbanized areas, such as eastern China and northern India, power plants and factories that burn coal lack filters and produce a steady stream of sulfate and soot particles. Motor vehicle exhaust also creates significant amounts of nitrates and other particles. Both agricultural burning and diesel engines yield dark sooty particles scientists call black carbon.
Juha Lassila

Minimum Capital Requirements. Good News For Small Companies Looking At Shanghai. : Chin... - 0 views

www.chinalawblog.com/...anies_looking_at_shanghai.html

china law setup

shared by Juha Lassila on 05 Jan 11 - No Cached
  • Most jurisdictions require the registered capital be equal to the first full year of expenses of the WFOE.
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