The documents are formal except for those that can be copied. Documents without the signature of member parties need to be accompanied by a letter of power of attorney by the members.
The documents are formal except for those that use copies. Those without member signaturemust be accompanied by power of attorney letter from the members.
The documents need be formal except for those that use copies. Any document not bearing members' signature need be accompanied by a power of attorney letter from the members.
Business activities of established institutions can only be in the range of business connections, product introductions, marketing, technology exchanges and consulting services.
Normally operations of a joint venture are limited to a fixed period, from thirty to fifty years.
It is important for foreign investors to understand procedures to establish foreign funded enterprises in the country.