Background
CJVs offer flexibilities for the joint venture partners to agree on their
respective contributions to CJVs, shares of profit and distribution of
assets upon liquidation
Legal Framework
Forms of CJVs
Parties Investment
The joint venture partners may contribute (for hybrid CJV) or provide
(for contractual CJV) to the CJVs in the form of cash, tangible
property or patented and unpatented technology and land use rights,
etc.
Parties Investment
Labor
Their employees are provided by and are the employees of
the Chinese joint venture partners
Taxes
Each joint venture partner is required to pay its own taxes
on its share of the profits of the CJV
Apart from the above discussion, EJVs and CJVs are generally
subject to same rules in other aspects of their operation