Olivar & Greb Capital Management
  • About Us
  • Our Services
    • Investment Management >
      • Retirement Planning
      • Executive Compensation Management
      • Education Planning
      • Trust & Estate Planning
    • U.S. Tax Services
    • American Expat Services
  • CLIENT PORTALS
    • SCHWAB LOGIN
    • INTERACTIVE BROKERS LOGIN
  • Contact Us
  • Community
    • Volunteer & Non Profit
    • The Value Investor's Library

O&G Research and Thinkpieces

Useful Tips Before You Sign Your Next Contract in China

8/30/2018

 
As expats living in China, we must often sign agreements with local Chinese parties. Whether they’re regarding our rental agreements, or salaries, it is important to know how to stay properly protected.
​We recently interviewed a contract lawyer, Laura Shang of Shanghai Know-How Law Firm  to give us clarity on this. Here are the most important tips we learned:

Components in Each Contract

These 8 provisions should be included in the contract:
Picture

Thorough Due Diligence on the Counter-Party

Doing your own research on the other party is vital. These below resources offer a wealth of legal information about companies registered in China:
​1. https://www.qixin.com/  
2. http://www.gsxt.gov.cn/index.html
3. https://www.tianyancha.com/

Research Past Legal Disputes

Taking the time to thoroughly research the past proceedings of the party on the other side of the deal is often overlooked. Use these resources to look up previous legal disputes:
​1. wenshu.court.gov.cn/ 
2. zhixing.court.gov.cn/search/ 
3. zxgk.court.gov.cn/zhixing/new_index.html 

Terminating the Contract

If the deal must be terminated, you must follow specific steps to make sure it is officially nullified. The reasons below give you ability to legally end the agreement:
Picture
These resources merely scratch the surface of what one must do to make sure they are fully protected under Chinese law. While they are a good place to start, we recommend finding an expert in the field to give you a professional opinion. There are many law offices in Shanghai that specialize in both individual and corporate contract law. 
Interview 8/29
Interviewer: Deusa Duarte, O&G Capital
Email: Deusa.duarte@olivar-greb.com
Interviewee: Laura Shang, SHanghai Know- how law Firm

Comments are closed.

    About the O&G Research Team

    The O&G Research Team publishes insights on the global markets. Our research scope ranges from the US to China.

    Categories

    All
    Events
    Market Updates
    News
    Think Pieces

    Follow us on WeChat:
    Picture
     

    RSS Feed

    Read new articles and updates everyday on your phone! 

    Disclosures 

    We may invest in some of the companies mentioned on this website. We are not responsible for the content on any external links on this website. The opinions expressed in this report do not constitute a buy or sell recommendation.
Olivar & Greb Capital Management, LLC
US Registered Advisory CRD#: 285905
​
Framingham, Massachusetts, 01701, United States of America
​
Check the background of this investment professional on FINRA BrokerCheck
Disclosures | Business Continuity Plan | Privacy Policy | Table of Fees for Services | Copyright 2023
  • About Us
  • Our Services
    • Investment Management >
      • Retirement Planning
      • Executive Compensation Management
      • Education Planning
      • Trust & Estate Planning
    • U.S. Tax Services
    • American Expat Services
  • CLIENT PORTALS
    • SCHWAB LOGIN
    • INTERACTIVE BROKERS LOGIN
  • Contact Us
  • Community
    • Volunteer & Non Profit
    • The Value Investor's Library