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GD's 1st Sino-foreign law firm joint venture office set up

GDToday  · 公众号  ·  · 2024-08-01 18:19

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The Qianhai Joint Venture Office, operated by Guangdong Zhiheng Law Firm and Celeblaws, P.A., has recently received approval to set up in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen (Qianhai Cooperation Zone). It is Guangdong's first Sino-foreign law firm joint venture license issued to this collaborative office, making Qianhai the second region in China to host such a joint venture office, marking a significant step forward in the opening-up and international cooperation of legal services. For a long time, Chinese legal services could only be provided by Chinese lawyers, while foreign law firms and their representatives were restricted to offering foreign legal services when it comes to cross-border legal matters, causing significant inconveniences to clients. Exploring new ways and mechanisms to closely collaborate between Chinese mainland law firms and those from Hong Kong, Macao, Taiwan, as well as foreign law firms, has become a crucial aspe ………………………………

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