Contexts
Legal
Translation Equivalents
- Joint Venture Entity
- Joint Venture
Analysis
In Chinese company law, a joint venture entity in China is an entity organized by a government agency typically using a limited liability company structure. Chinese pre-civil code law allowed for joint ventures through its civil partnership statutes. The Chinese concept is significantly different from US law, as China uses a highly formalized system where the joint venture must be organized as an entity. In many contexts, describing the joint venture as an entity can make it clear to the reader that this refers to a specific entity.
See our Article on the Chinese law concept for more details.
Business
Translation Equivalents
- Joint Venture