Congratulations. You’ve identified an overseas market opportunity and successfully gotten a foreign operation off the ground. Now it’s humming along and the profits are piling up. Time to sit back, relax, and reap the rewards, right? Not unless you’re prepared to go on a shopping spree in the foreign jurisdiction. Otherwise, you’ll want to get that money out and bring it home, and there are multiple roadblocks on the way. First, determine if cash repatriation is worth the costs. Then, evaluate the best way to get it done.
China has just rolled out an updated trademark law, and it means business. New measures modernize and streamline the application process and significantly beef up protections for rightful trademark holders against infringement. The reforms are important for anyone doing business in China. They’re also the latest sign of the country’s ongoing transition toward economic maturity.