Sophie’s China Law Blog
Why Register a Trademark in China?
AsiaBridge Law Firm recently posted what the buyer will receive if they register his or her trademark in China. Also if you didn’t already know, China is a first to register IP system, this is one reason it’s best to always register your trademark before embarking on any sourcing endeavor. AsiaBridge addresses what trademark registration…
Read MoreHong Kong’s Virtual Scammers
AsiaBridge Law’s blog team recently published a blog about sending money to Hong Kong accounts. Many buyers seem to be getting scammed by sending money to an account in HK but the goods are being produced in China. This right here, AsiaBridge tells us is a red flag. Many people automatically trust this because it’s…
Read MorePurchase Orders or Purchase Contracts?
AsiaBridge’s blog recently wrote at length the exact difference between purchase orders and purchase contracts. What’s really the difference? The difference is specifics. Contracts tend to be more specific than a purchase order. Purchase contracts you can constantly re-use, especially when it’s already bilingual, only thing to be careful of is the specifics you request…
Read MorePRC Releases New Trademark Amendment, Violators Face Fines: ~500K USD
China’s top legislature– Standing Committee of the National People’s Congress (NPC) adopted an amendment to the Trademark Law which went into effect on 30th of August, 2013. The amendment, raises the compensation ceiling for trademark infringement to 3 million RMB (about 500,000 US dollars), six times the previous limit, it also includes clauses that will effectively prevent…
Read MoreBe Smart, not Sorry, when Drawing up Contracts.
This morning, I spoke with a client. He said he needs a simple supply contract to use for his sourcing business in China. I sent him a checklist, so that he can let me know what he expects the contract to specify. He replied that he needed quick advice, he can’t sit and write all…
Read MoreToo good to be true, rings true, whether buying or selling in China
When I wrote blogs about protecting yourself while sourcing in China, I got a call from an overseas client who was trying to sell his wine to China. He told me he would fly to China to sign a contract with his buyer. The Chinese buyer approached the company and asked to buy seven containers…
Read MoreChoosing Your Business Vehicle: Wholly Foreign Owned Enterprises
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 assistance of a domestic partner when…
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