What We Do

We help foreign enterprises obtain difficult, hard to get licenses, permits, approvals and government support and prepare them for entry into highly regulated Chinese industries, including pharmaceuticals, gaming, telecom, television, information technology, retailing, energy and weaponry.

Usually companies engage our services while still in the strategic planning stage and seek our support to implement company initiatives and achieve company objectives. Because every venture is unique, especially on foreign soil, not just knowing, but knowing how has been the key to the success of the clients we serve.

Often the effort involves extensive coaching and a well prepared strategic plan. Other times it may require political lobbying of the Chinese government at the local, provincial, or central level. Regardless the stage of your business development, our expertise in navigating through the Chinese bureaucracy has been the cornerstone of our practice in China.

IPO PANG P.C. has been in China since the early 1990's and is known as one of the oldest joint venture law firms. The firm is ranked as one of the top international boutique firms with operations in China and comprises highly experienced partners, possesses highly specialized skills, and masters highly proprietary know-how.

The firm functions through a number of partners and specialists that operate together as an international team and provides the personalized service that clients need in order to operate in a highly complex and changing legal environment. As a member of the International Business Law Consortium, the firm further extends its international network to include a team of highly selective, experienced and reputable attorneys who can assist and execute in nearly every country of the world. As each case is personally handled by a shareholder of the firm, we take pride in this method of client service as it enables each partner to take individual responsibility for delivering outstanding quality and value for each assignment.

Our philosophy
The firm understands that service is all that we have to offer, and in this vein, we constantly seek to provide outstanding service of the highest quality, and to do so in a timely and cost effective manner.

We know that winning isn't everything, but it is the only thing when rights are trampled, lives are at stake, and businesses are illegally manipulated. We believe that the best defense in any case is a good offense, and often this offense begins not in court, but at the beginning of a business relationship. Good planning, strategic legal thinking and clever draftsmanship often can avoid the uncertainties and ambiguities associated with documentation drafted by less experienced attorneys.

China: Opportunity or Peril?
In China, we aim to help our foreign clients leverage their international successes by localizing their success formula in a manner that is consistent with local laws, rules and regulations, and in a way that fits the local culture, purchasing habits, preferences and biases. Our attorneys' and specialists' "can-do attitude" is what distinguishes our service over and above all others. Our command of not only local business practices, but also the law and local customs that govern them, may be the deciding factor between profitability and bankruptcy. Our deep knowledge of the complexities of Chinese bureaucracy will help you avoid costly delays, approval disappointments, and legal indiscretions. In short, our legal representation of your firm in business cases is premised not only on us knowing, but on us knowing how.

Unfortunately not all China ventures succeed.

There are myriad reasons for this, but whatever the cause, ventures that are in distress need prompt and competent assistance.

Through IPO PANG's Trident division, we turnaround and restructure non-performing foreign enterprises ("WFOE") or joint ventures that have either failed, or are in danger of failing. Distress and crisis require immediate managerial, legal, and forensic accounting attention. Declining performance, deterioration of "guanxi" (business or personal relationship) with your local partner, employee discourse or exits, opaque cash flow movement, and eroding collateral positions are just some of the symptoms that the enterprise is in need of swift and firm corrective measures. Our team of experts consists of board level executives, senior managers, lawyers, auditors, and forensic accountants who go in and take firm control of the business on an agreed-upon turnaround timetable, restructure target and revenue milestones, seek additional financing and bring about a turnaround win-win result for all stakeholders.