Liquidation & layoffs happen when foreign investors plan to close their branches or subsidiaries and repatriate their investments and profits from China back to their home country. To successfully return the dividends, profits, assets, and IP rights etc., foreign investors are required to comply with strict liquidation and layoff procedures according to Chinese law. We have helped our clients design and implement the liquidation and layoff plan, report to the related labor authorities, negotiate with debtors and creditors of companies as well as employees, and register with the related market regulation administrative authorities, to facilitate our client’s exit from China.
