Whenever a foreign enterprise decides to invest in China, one of the first issues to arise is how to obtain licenses and permits to enable a foreign party to do business under Chinese law. These permits range from setting up a corporate office to establishing a factory or opening retail stores. At IPO Pang, we have many years of experience in this sector. We have successfully procured difficult-to-acquire licenses over the last two decades, such as gold licenses and distribution licenses under the personal exemption law.
Often Chinese laws do not address a particular business aspect, which can hinder a multinational entity from doing business in China. Fortunately, IPO Pang is very experienced working with provincial and central governments to obtain a special permit under the law, which will enable the foreign party to operate as the pioneer in that commerce field. This special licenses and permits include lottery licenses, health clinic licenses, medical equipment licenses, CFDA approvals, and government-approved exemptions for selected media distribution in what is a traditionally restricted space.
IPO Pang advocates on behalf of clients for procuring these special exemptions. Also, we can help clients design or re-design its entry strategy into China so that government approval for the particular business will be assured. In China, approval often is not denied, but just not given. IPO Pang specializes in ensuring the clients we advise receive defensible and reliable permits or permissions that will be legally supported under Chinese law.