TEDA Cooperation Zone Established Legal Service Center to Help Enterprises Develop Stable

Release time:

2023-11-05 00:00

On October 30, the China-Egypt TEDA Suez Economic and Trade Cooperation Zone (hereinafter referred to as "TEDA Cooperation Zone") joined hands with Tianjin Lawyers Association and Tianjin Huashengli Law Firm to establish the TEDA Cooperation Zone Legal Service Center, and successfully held the opening ceremony of the center. Talent, President of Tianjin Lawyers Association, Liu Erchan, senior partner of Tianjin Huashengli Law Firm, Song Caicen, executive director of Egypt TEDA Special Zone Development Company, and representatives of more than 20 enterprises entering the zone, including Egypt Jushi, Xidian Egmac, Fengshang Group, Egypt Yanjiang, Midea, China Construction Curtain Wall and Leichu Knitting, attended. Cao Liang, manager of customer service department of Egypt TEDA Special Zone Development Company, presided over.

With the response to the national "One Belt One Road" initiative, the number of Chinese-funded enterprises "going out" is increasing, and the subsequent cross-border legal issues have become increasingly prominent. It is not uncommon for Chinese-funded enterprises to be blocked by projects because they are not familiar with local laws and regulations in Egypt. If it cannot be solved well, it is difficult for enterprises to have long-term and stable development. How to effectively deal with the legal dilemma has become an urgent issue to be discussed. The TEDA Cooperation Zone Legal Service Center aims to help enterprises entering the zone to more effectively solve various legal problems encountered in their operations and avoid legal risks.

After the unveiling ceremony of the legal service center, representatives of enterprises entering the zone conducted extensive discussions on the current legal issues that are common in business operations, such as the interpretation of Egyptian special zones and investment-related laws, labor disputes, and the protection of corporate rights. In the next step, TEDA Legal Service Center will conduct a comprehensive investigation, summary and analysis of the enterprises entering the zone. For common problems of enterprises, relevant guidance will be given to enterprises entering the zone through regular and centralized training. For the enterprise personality issues, will be ad hoc processing.

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