Tuesday, September 1, 2009

Registering Technology Import Contracts in China: The How and The Why

(Mondaq – Bernd-Uwe Stucken et al., Salans)

Technology import contracts are contracts that involve the import of technology (“Technology Import Contract” or “Contract”) and include standard intellectual property rights licence contracts, technical service contracts, technical consultancy agreements and cooperative contracts for development, production and/or research. Agreements involving cross-border research and development that lead to the import of technology are also generally regarded as Technology Import Contracts.

Go here for more information on Import Control on Technology, and Practical Steps for Registration with COFTEC and the Chinese Tax Bureau.