Joint Venture Contract for China (English)
Index of the contract
A joint venture in China is a legal entity with limited liability established on the basis of a joint venture contract between Chinese and foreign parties. The contract must comply with the Law and Regulations of the People’s Republic of China on Chinese-Foreign Equity Joint Ventures. The contract includes 27 chapters, in which the terms and conditions for the establishment of joint ventures in China are regulated (establishment of the company; purpose, scope, and scale of business; total amount of investment and registered capital; board of directors; duration of the joint venture; confidentiality; applicable law and settlement of disputes, etc.).
Under Chinese Joint Venture Regulations the joint venture contract may be drafted in a foreign language (usually in English) and must be governed by Chinese law.