Chinese companies have many business opportunities in the United States, including acquiring companies. This is a well-known fact. Chinese companies go to the United States, how to seize business opportunities to successfully invest? Over the years, this has been a problem that many Chinese industry entrepreneurs are confused and confused. Many Chinese companies have paid a heavy price for this.
Pan Xuyi, a member of the Chinese Gear Industry delegation and the deputy general manager of Taizhou Wante Auto Parts Co., Ltd., told a story: An auto plastics company in China does not understand U.S. law and has invested and set up factories in the U.S., experiencing a series of problems. It's hard to eat at all. On October 10th, the Chinese gear industry delegation took the above-mentioned issues and visited the United States Cole Law Firm and received a grand reception.
In 1874, in the name of China, or when the Qing emperor dominated the world, actually became a semi-colonial and semi-feudal society, and was emeritused by Empress Dowager Cixi, the United States Cole Law Firm was founded in Detroit. Cole is the oldest and most respected law firm in the United States. It is a law firm known as an American lawyer and is recognized as an authoritative organization engaged in international legal affairs between China and the United States.
In the United States Cole Law Firm, the delegation unexpectedly met with the legal "backing" of Chinese companies engaging in business activities in the United States and Ding Chaoyi, a Wuhan Chinese citizen. Ding Chaoyi received a bachelor's degree in law from Wuhan University and a doctorate in law from Michigan State University. She has studied, lived, and worked in the United States for 11 years. She is fluent in Chinese and English. She was qualified as a lawyer in China and the United States, helping Chinese companies to the United States. Has accumulated rich experience in investment. She is currently in the Cole Law Firm's China-US Department of International Business Law, which provides legal advice to Chinese companies entering the US market and is praised by the owner of the US-based Cole Law Firm as the pride of Chinese students.
Representatives from all delegations heard several high-level reports at Cole Law Firm in the United States. Among them, Kang Wei, an official from the Michigan State Department of Economic Development, reports on "Investing and Doing Business in the United States in Michigan," and Ding Chaoyi and Cole Law Firm's partner, Qiao Jiesi, entitled "Chinese auto parts suppliers invest in the United States. "Joint Business Guide" report, Judy Wu, Reinhardt Real Estate agent's report titled "Culture and Society and Residence in Michigan." Representatives of the Chinese gear industry delegation obtained the legal and policy knowledge of doing business in the United States from this visit, and made clear the steps and steps taken by Chinese companies to acquire companies in the United States.
An expert from the US Cole Law Firm told the China Gear Industry delegation: “In the United States, acquiring companies is a complex task. Generally speaking, Chinese companies need to acquire large-scale complex companies in the United States for six months or more.â€
If Chinese companies do not use the right methods to acquire companies in the United States, they will encounter huge legal and financial risks. Therefore, an expert from Cole Law Firm reminded: “Chinese companies that acquire companies in the right way with the assistance of excellent American legal consultants and accounting consultants can effectively control risks. Chinese companies form an experienced acquisition guidance team before acquiring companies in the United States. It is extremely important that the acquisition team should have US commercial lawyers, certified public accountants, banking experts and property valuers."
Cole Law Firm experts stressed: "In the United States, companies hire employees must abide by U.S. federal and state laws. U.S. labor laws stipulate that the minimum wage for each employee is 8.15 U.S. dollars per hour; after working 40 hours a week, each person Employees' hourly overtime pay is 1.5 times the hourly wage. Offenders must be severely punished by law." The labor laws of the United States have been so strict and shocking that it has caused hot debates in the Chinese gear industry delegation. Pan Xuyi and Tang Zude, chief engineer of Chongqing Qijiang Changfeng Gear (Group) Co., Ltd., respectively interviewed by reporters and expressed the same feeling: “We visited the US Cole Law Firm and learned the legal knowledge of doing business activities in the United States. Knowledge."
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