Online Gaming Company Seeks Joint Venture Formation in China
One of the world’s largest online gaming and online-game publishing companies was seeking to enter the China market. Due to significant legal restrictions, a joint venture model was the most desirable mode of entry.
The company sought Deloitte’s assistance in managing the inherent complexities of establishing a joint venture in China. In particular, due diligence, investment structuring, repatriation strategies, financing strategies, China tax minimization, intellectual property management, site selection and joint venture structuring were of concern.
Our China Corporate Finance team and China tax teams provided financial, tax and treasury due diligence services on the selected target. A multi-office China tax team and the U.S. Chinese Services Group delivered advice on joint-venture structuring, financing strategies, post-joint-venture restructuring, China tax minimization, intellectual property management, treasury planning and other key factors.
The seamless integration of teams with a breadth of pertinent experience and know-how allowed the delivery of multiple services in a single engagement. The comprehensive and integrated approach, combined with Deloitte’s China experience, allowed us to provide the client with highly value-added services.
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