With the tremendous and continuous growth of China market opportunities, businesses in Hong Kong are looking to expand into China.
To help Hong Kong enterprises capture these business opportunities, a "Dedicated Fund on Branding, Upgrading and Domestics Sales" (BUD Fund) was first launched in 2012 to provide funding support for non-listed Hong Kong enterprises to undertake projects to develop brands, upgrade and restructure their business operations and promote sales in Mainland China.
China is further opening up its market and boosting inbound foreign direct investment with the implementations of the Foreign Investment Law (FIL). The FIL, which came into effect on January 1, 2020, can be seen as a new guiding document governing foreign investment in China. The law replaced three previous versions of laws governing foreign businesses and their investments in China. It also identifies key industries in which China encourages investment with relaxed policies.
Dr Dominic Köstner, partner in the Shanghai office, will share experiences and insights from his legal practice on foreigndirect investments in mainland China giving useful advice on how to best approach the investment project and how to manage related risks and avoid pitfalls.
ist Local Partner bei GvW Graf von Westphalen in Shanghai. Mit knapp zehnjähriger Berufserfahrung im Bereich M&A und Gesellschaftsrecht unterstützt er internationale Mandanten bei ihren Investitionen (insbesondere Share- und Asset-Deals, Joint-Venture-Gründungen und Unternehmensumstrukturierungen) in China. Zudem berät er regelmäßig Mandanten zu arbeitsrechtlichen Fragestellungen und Compliance-Themen in der VR China.