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Zixuan Wang

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Zixuan Wang is a senior foreign investment lawyer practicing in Lanzhou, the capital city of Gansu Province, with twelve years of comprehensive experience advising multinational corporations and foreign investors on establishing and operating business entities in China. Mr. Wang has developed deep expertise in China's foreign investment legal framework, including the Foreign Investment Law, company formation procedures, and ongoing regulatory compliance for foreign-invested enterprises. He has advised clients from over fifteen countries on market entry strategies and has successfully established more than fifty foreign-invested enterprises in various industries.

WFOE Registration and Company Formation

Mr. Wang guides foreign investors through the complete process of establishing a Wholly Foreign-Owned Enterprise (WFOE) in China. The process begins with a feasibility study and business plan preparation, followed by name pre-approval with the local Administration for Market Regulation. Mr. Wang then handles the submission of incorporation documents to the competent commerce authorities. Since the implementation of the Foreign Investment Law in 2020, the system has shifted from an approval-based system to a filing and reporting system for most industries not on the negative list, significantly streamlining the incorporation process for most foreign investments.

For projects falling within encouraged industries under the Catalogue of Industries for Guiding Foreign Investment, Mr. Wang assists clients in identifying applicable incentives including reduced corporate income tax rates of 15% for encouraged industries in western China under the Western Development Strategy, customs duty exemptions on imported equipment, and priority access to land use rights. He prepares the Articles of Association, the joint venture contract where applicable, and all ancillary documentation required for company registration. The complete process from initial consultation to receipt of the business license typically takes four to eight weeks depending on the complexity of the corporate structure.

Post-Incorporation Compliance

Beyond initial company formation, Mr. Wang provides ongoing compliance advisory services to foreign-invested enterprises. This includes guidance on capital contribution schedules, which under the new Company Law must be completed within five years of incorporation, foreign exchange registration with the State Administration of Foreign Exchange for capital account items, tax registration procedures including value-added tax, corporate income tax, and withholding tax on dividends, and labor contract compliance for both Chinese and expatriate employees. He also advises on annual information reporting obligations under the foreign investment information reporting system, which requires submission of basic enterprise information, changes in investment status, and operational data to the commerce authorities by January 31 each year.

Mr. Wang also handles more complex matters including cross-border restructuring, mergers and acquisitions involving foreign investors, and the establishment of foreign-invested partnership enterprises. He advises on the regulatory requirements for foreign strategic investment in listed Chinese companies, including the minimum investment thresholds and lock-up periods, and represents clients before the MOFCOM anti-monopoly review authorities for transactions meeting the notification thresholds. His experience extends to advising on special purpose vehicle structures for overseas listings involving Chinese operating entities.

Mr. Wang earned his LL.B. from Peking University and holds a Master of Laws from the University of International Business and Economics. He is a member of the All China Lawyers Association's foreign-related legal services committee. Fluent in English and Mandarin Chinese, Mr. Wang has extensive experience advising clients from North America, Europe, and the Asia-Pacific region.

Advisory Services for Green Card Holders

Beyond permanent residence applications, Mr. Zhang provides ongoing compliance advisory services to green card holders. Holders of the Chinese permanent residence certificate must be aware of requirements including the obligation to maintain minimum residence periods in China, procedures for renewing the ten-year certificate before expiration, and reporting obligations for changes in personal circumstances such as marriage, divorce, or changes in employment. Mr. Zhang also advises on the pathway from permanent residence to Chinese nationality, including the procedures for renouncing foreign nationality under the Nationality Law and applying for naturalization. Foreign nationals who have close relatives who are Chinese citizens, who have settled in China, or who have other legitimate reasons may apply for Chinese nationality, but the process requires careful legal planning particularly regarding the implications of dual nationality, which China does not recognize.

Mr. Zhang also handles cases involving the loss or revocation of permanent residence status. Under Article 49 of the Exit and Entry Administration Law, the Ministry of Public Security may cancel a foreigner's permanent residence status if the holder has failed to reside in China for the required minimum period, has obtained permanent residence through fraudulent means, or has been sentenced to criminal punishment. Mr. Zhang represents clients in administrative review proceedings where the basis for revocation is disputed, and advises on remedial measures to restore compliance and preserve permanent residence status.

Work Permit Renewal and Transfer

Mr. Zhao also handles work permit renewals and transfers between employers. Work permits are typically valid for one to five years depending on the classification category, and must be renewed at least thirty days before expiration. For transfers between employers, the foreign employee must terminate the existing work permit and apply for a new one through the new employer. Mr. Zhao manages the documentation for both processes, ensuring continuity of legal status without gaps. He advises on the consequences of late renewal applications, which may result in fines or even invalidation of the work permit requiring the foreign employee to exit and re-enter China. For foreign employees whose employment relationships are terminated early, Mr. Zhao handles the cancellation of the work permit within the required ten-day period and manages the conversion to a thirty-day stay visa allowing time for the employee to make departure or new employment arrangements.

Mr. Zhao also advises on the Foreign Talent Visa (R-visa) available to high-end foreign talent. Holders of R-visas enjoy expedited processing for work permits, longer validity periods of up to five years, multiple-entry privileges, and facilitated procedures for accompanying family members. The R-visa application requires recommendation by a competent authority in the relevant industry sector, and Mr. Zhao assists clients in obtaining such recommendations from provincial science and technology departments or industry associations. He also handles the conversion from R-visa to permanent residence for eligible foreign talent under the dedicated talent green card channel.

Document Authentication and Translation

A significant portion of Mr. Liu's practice involves managing the authentication and translation requirements for foreign documents. All documents issued by foreign authorities must undergo a three-step process before they are accepted by Chinese immigration authorities: notarization by a competent authority in the country of issuance, authentication by the Chinese embassy or consulate in that country, and translation into Chinese by a certified translation service. For countries that are parties to the Hague Apostille Convention, the process is simplified but still requires apostille certification followed by translation. Mr. Liu coordinates with the applicant's family members overseas to ensure that all documents are properly processed before the application is submitted in China, avoiding delays caused by incomplete documentation.

Mr. Liu also handles the increasingly common scenario of foreign nationals who have overstayed their family reunion visas and require legal assistance to regularize their status. He advises on the voluntary surrender procedures, the penalty assessment by public security authorities, and the re-entry application process. For foreign spouses who have been victims of domestic violence, Mr. Liu provides specialized legal assistance including applications for independent residence permits that are not dependent on the sponsoring spouse's status, and coordinates with domestic violence advocacy organizations to ensure comprehensive support.

Dispute Resolution and Exit Strategies

Mr. Wang also represents foreign investors in dispute resolution matters arising from their China operations. This includes shareholder disputes in joint ventures, contract disputes with Chinese business partners, intellectual property enforcement actions, and administrative litigation against government agencies. Mr. Wang has represented clients in arbitration proceedings before the China International Economic and Trade Arbitration Commission (CIETAC) and the Shanghai International Arbitration Center, as well as in litigation before Chinese courts at various levels. For foreign investors considering exit strategies, Mr. Wang advises on the legal procedures for company liquidation, including the establishment of a liquidation committee, creditor notification and claims settlement, tax clearance, cancellation of registration with multiple government agencies, and the repatriation of remaining capital and profits through proper foreign exchange channels. He also advises on equity transfer options, including the valuation of the enterprise, negotiation of transfer terms with potential purchasers, and the regulatory approval process for changes in foreign ownership structure.

Mr. Wang stays current with the evolving legal landscape for foreign investment in China, including the periodic updates to the negative list, the expansion of the pilot free trade zone policies, and the implementation of new company law provisions affecting capital contribution requirements and corporate governance structures. He regularly publishes analysis on these developments for the benefit of the foreign business community in Gansu Province.

Dispute Resolution and Exit Strategies

Mr. Wang also represents foreign investors in dispute resolution matters arising from their China operations. This includes shareholder disputes in joint ventures, contract disputes with Chinese business partners, intellectual property enforcement actions, and administrative litigation against government agencies. Mr. Wang has represented clients in arbitration before CIETAC and in litigation before Chinese courts. For foreign investors considering exit strategies, Mr. Wang advises on company liquidation procedures, including the establishment of a liquidation committee, creditor notification, tax clearance, cancellation of registration, and repatriation of remaining capital through proper foreign exchange channels. He also advises on equity transfer options including valuation, negotiation, and regulatory approval for changes in ownership structure.

Mr. Wang stays current with the evolving legal landscape including updates to the negative list, free trade zone policies, and new company law provisions affecting capital contribution requirements and corporate governance. He regularly publishes analysis on these developments for the foreign business community in Gansu Province.

Specific details

Bar Admission Year ---
Law School Peking University
Languages Mandarin Chinese, English
Bar Association Gansu Lawyers Association
License Number 1110120141000890
Years of Experience 12
Practicing at which Law Firm Lanzhou Guozhong Law Firm

Location

Lanzhou, Gansu

Area of Expertise Details

Practice Area Foreign Investment

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