A Chinese law firm's primary intention is to advise clients about their legal rights and responsibilities of China and keep protected the clients in civil cases, business transactions, and other matters wherein legal advice and other assistance are needed.

Role of Chinese Law Firm:

It is a legal representative who is authorized to do all acts regarding a company's general administration as per the company’s aims and goals. This may include:

Executing powers of attorney as per the company’s behalf.
Legally acting to conserve the assets of a company.
Authorizing legal representation of the company.
Executing all legal transactions as per the nature and scope of the company.

Which are the important legal steps should take by a Chinese Law firm?

Chops

For establishing a company in China, it is mandatory to have a “chop,” which will be in the protection of a legal representative. The fact is, the legal representative’s chop is mandatory on several company documents and is considered as a signature. This means that the legal representative plays a significant role in operating the company’s daily operation. To prevent unauthorized use, enterprises must restrict access to the legal representative’s chop just by keeping records of the person who chops, at what time or for what purpose.

Potential liabilities

Legal representatives are held via Chinese regulation to a higher standard of care and capability than other personnel. They can face administrative, civil or even crook legal responsibility for wrongful acts – both the agency’s and their own.

Administrative liability

A legal representative will be liable for fines and punishment if their company breaks any PRC laws, apart from any punishments meted out to the company.

Civil liability

The legal representative's activities are deemed as activities of the organization, which means that any civil liabilities springing up from the legal consultant’s actions are borne via the agency.

Besides, a Chinese legal firm is responsible for all activities related to the legal circumstance.

About IPO Pang Xingpu

IPO Pang Xingpu is a Chinese legal firm who have been in this industry for the last 30 years. Before establishing any business in China or already doing business there, contact IPO Pang Xingpu. We will handle all your legal matters in China properly, efficiently and practically.

We are based in Shanghai but have associates throughout China and affiliate partners in the above 90 countries. Thus to consult the best Chinese legal firm, click here https://ipopang.com/ to contact the professionals of IPO Pang Xingpu.