Problems faced by trade dispute settlement are uncertain and therefore more complex, while debt collection only concerns the collection of a specific undisputed debt.
A Chinese company with larger registered capital, especially paid-in capital, usually has larger scale and stronger ability to perform contracts. However, its registered capital or paid-in capital isn’t necessarily equal to its actual assets at a certain point of time.
Friday, 27 May 2022, 09:00-11:00 Berlin Time (GMT+2) /15:00-17:00 Beijing Time (GMT+8).
Four industry leaders from China and Germany, Chenyang Zhang, Partner of Tian Yuan Law Firm (China), Hualei Ding, Partner of Dentons Beijing (China), Timo Schneiders, Managing Partner of YK Law Germany, Stephan Ebner, German-US-Attorney-at-Law at DRES. SCHACHT & KOLLEGEN (Germany), will discuss whether and how foreign judgments and awards can be enforced in the two jurisdictions, a rising sector in international debt collection.
You can find a Chinese company’s registration information on China’s national enterprise credit information publicity system via the link below.
China published a landmark judicial policy on the enforcement of foreign judgments in 2022. This post provides the documents checklist one needs to prepare for enforcing a foreign judgment in China.
International debt collection can be a complex, drawn-out process, particularly when you don’t understand Chinese, can’t come to China, and know nothing about China’s legal and judicial system.
The Registration Number for Chinese companies is called in Unified Social Credit Code in China. It is a unique 18-digit alphanumeric (letter and number) code.
Before bringing a lawsuit, you could first consider negotiation, complaint, and debt collection.
China published a landmark judicial policy on the enforcement of foreign judgments in 2022. This post addresses the criteria for Chinese courts in reviewing whether a foreign judgment is final and binding or not.
If the company does not have a business license, or an official seal, or cannot be retrieved in China’s National Enterprise Credit Information Publicity System, then it is definitely a fake company.
Collecting debts from international clients is hard enough, but the process becomes even harder when trying to collect a debt from a Chinese business partner whose culture and language are completely different from yours.
You should avoid dealing with a company in suspension, revocation, liquidation or deregistration because it is incapable of performing contracts. Otherwise, you will be exposed to substantial losses and probably fail to claim damages from such a company.
China published a landmark judicial policy on the enforcement of foreign judgments in 2022. This post addresses the newly-introduced criteria for determining reciprocity, which ensures efforts to substantially open the door to foreign judgments.
The 2021 Conference Summary enables an ever greater number of foreign judgments to be enforced in China, by making substantial improvements from both the “threshold” and “criteria”.
When you decide to sue a Chinese company, where will you file the lawsuit? China or your own country, provided that both have jurisdiction over your case?
You should terminate the contract before considering whether to claim compensation from him.
You need to find the legal Chinese name of the Chinese company, otherwise you cannot be sure who is dealing with you and whom you should ask to execute your contract.
You can find the information of this company on the official website of the Chinese company registration authority.
If the content of the purchase order or contract entered into between you and the Chinese company is very simple, Chinese court may refer to China’s Contract Law to interpret your transaction between the Chinese supplier.
Of course, you can sue a manufacturer in China. It will not be any different, in terms of complexity and costs, from suing companies in other countries.
