Zhonglun W&D Law Firm and Hong Kong law firm PC Woo & Co obtained official approval in late January for the establishment of a joint venture law firm in Shenzhen’s pilot economic zone, Qianhai. Based on years of co-operation, the two firms signed a memorandum of understanding on the joint venture in October 2015, after exchanging views and preparing for more than a year. They finally got an official permit for setting up the new firm 40 days after submitting their application.
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