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NiHaoOuZho – Promoting Ethics and Business Values in China

Ethics in business - buying the right company

NiHaoOuZho are at the forefront of promoting strong ethics and business values when forging commercial links between China and Europe. Over 20 years’ experience of working at the sharp end of business in both China and Europe has given us the expertise to help your company in this area. Business ethics are not quite the same in Europe and China, and even different EU member states have different ethics – your business needs to be aware of this.

As a further help, we keep this site regularly updated with the latest international business news and information, so that you can make well-informed business decisions with our help.

Forging ethical links between China and Europe

 

First of all, we provide regularly updated information on the following subjects:

  • The best office and enterprise locations that offer value for money in terms of land prices, land availability, opening up of new areas, available grants and tax breaks, and specific economic development and redevelopment zones in Europe..
  • Labour costs and social security regulations in Europe including information about employment, the labour force, education funding, recruitment funding, etc.

Furthermore, we will inform you on three essential services for businesses wishing to acquire a company in Europe. When it comes to signing the purchase contract, you will know what you are buying, thanks to the strong code of ethics we adhere to in our business services.

  • Financial due diligence: we assess whether the financial figures of the company are accurate and whether the corporate valuation has been determined correctly.
  • Commercial due diligence: we check whether the estimated market position and potential of the company you would like to buy is realistic.
  • Management screening and follow-up: we find out whether the existing management team is competent and whether their business ethics and performance are likely be reliable in the future.

In addition, we provide a comprehensive inventory of the various grants and subsidies offered to businesses to promote ethical investment in the EU market. Several investment grant and subsidy structures are already in place, for example the Structural Funds, the European Investment Bank, the European Investment Fund, joint ventures with countries both outside and inside the EU, and many other business initiatives.

 

Last but not least, we publish information on the different ways of buying into an EU company. There are three major ways a Chinese business can become involved in the management of an EU company; and all of these types of corporate participation can be instigated immediately or over time. The three commercial alternatives for buying into a company are:

  • Full takeover (100% share in company)
  • Joint venture (around a 50/50 share)
  • Minority participation (20% share or lower)

NiHaoOuZho – Promoting Ethics and Business Values in China

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