China Desk – Law Firm in Beijing
China Desk – Law Firm in Beijing
China is too big to ignore. Given its size, the People’s Republic of China is central to important regional and global development issues. Therefore we decided to open an office in Beijing, the capital of China, a global city and one of the world’s leading centers for culture, diplomacy and politics, business and economics, education, science and technology.
In 1978, the government of the People’s Republic of China embarked on a major program of economic reform. The country demonstrated reform agendas that aim to improve the business regulatory environment in the country over the course of several years. The reforms mainly focus on increasing the efficiency of business processes, such as tax cuts, trade with tariff cuts, and reduced barriers to foreign investors. With a wealth of well-trained employees and potential partners eager to learn and evolve, the country is a base for low cost production, which makes it an attractive market for investors.
By nearly all accounts, this strategy has worked spectacularly. Now the People’s Republic of China is the second largest economy in the world, after the USA, and its economy has been growing rapidly, presenting a very big and rare international business environment. In 2020, the People’s Republic of China became the top global Foreign Direct Investment destination. Investments are mainly oriented towards manufacturing, leasing business and services, computer services, financial intermediation, scientific research, transportation (especially shipping), energy and, particularly, wholesale and retail trade. The People’s Republic of China is a major hub for world trade. Given its huge land mass, population, a large growing economy, and strategic ports, it lends itself freely to huge international trade. The top Chinese imports from the world are electronic equipment, oil, machinery, mined raw material, and medical and scientific equipment.
The Chinese market, while similar in many aspects to other markets, is also unique in certain respects. Entrepreneurs that are new to China may find the Chinese market challenging, albeit the vast opportunities waiting for them. Our purpose is to help and inform people based in or connected with China, in relation to some of the issues and differences in practice that they may encounter, in particular, issues like:
- Property rights
- Legal professional privilege
- Company formation
- Corporate law
- Labour law (employee handbooks)
- Business regulatory environment
- Shipping and Maritime Law
- Commercial law
- Competition law
- Taxes
- Cyber security (Data Protection)
- Visa and residence permit process
“Oikonomakis Law”, with more than 25 years of experience in the field, in cooperation with our new China Desk in Beijing, can provide consultation and legal services on each of these issues seamlessly and 24/7 across borders with a solution-based approach and professionalism.
Moreover, “Oikonomakis Law” offers a number of services related to the Shipping and Maritime law, due to the fact that the managerial seat of our Firm is situated in the city of Piraeus, host of one of the busiest and most commercial harbors not only in Greece but globally. Therefore, we are able to provide expert and comprehensive legal corporate and litigation assistance not only to Greek but also to foreign ship-owners be it natural or legal persons, to local and foreign managers, to cargo underwriters, to insurance companies, to freight forwarders, to agents and brokers, to shipping funds, etc.
Take advantage of the valuable insights provided by our strategically tailored attention to many areas, as we understand trends, challenges and key players, thus, providing you with key information to guide your decisions. “Oikonomakis Law” possesses the human resources, the expertise and the necessary experience in order to be able to assist you 24/7 with your every legal, business and investment inquiry by providing legal advice and solutions to even the most complex issues you face.
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