Due Diligence Essentials For Business With China-Based Enterprises Institute for China Studies

Overview

International business is not without risk and careful selection of potential cooperation partners is imperative. This applies to China as well. The vast majority of enterprises located in China are legitimately established, doing business, and seeking to develop their business operations in an honest way, compliant with domestic and international laws, regulations, and ethical standards. Unfortunately, a few that are not.Attention goes out to developing the skills and competencies to identify, manage, and mitigate potential risks and identified risk areas by providing in-depth insight in laws, regulations, standards, best practices, and further criteria which can serve as a benchmark for cross referencing of information to be requested from and provided by the potential cooperation partner.

To support well informed business decisions, the content of this Due Diligence Essentials For Business With China-Based Enterprises course from Institute for China Studies is supported by multiple detailed examples and checklists used for verification and cross referencing of information from multiple sources.

Objectives

• Learn how to identify risks associated with the business license, company seals, payments, company and factory visits, sales prices, company websites and way of contact with counterparts.

• Learn how to perform basic due diligence of customer, supplier, and potential business partners.

• Gain in-depth insights in red flag areas related to financial transactions.

• Learn how to cross reference information from different sources.

• Develop an understanding of the importance of duly sealed and signed documentation.