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Partnership
 
A partnership is a type of business entity in which partners (owners) share with each other the profits
or losses of the business undertaking in which all have invested. Partnerships are often favored over
corporations for taxation purposes, as the partnership structure does not generally incur a tax on profits
before it is distributed to the partners (i.e. there is no dividend tax levied). However, depending on the
partnership structure and the jurisdiction in which it operates, owners of a partnership may be exposed
to greater personal liability than they would as shareholders of a corporation.

Asia-Norway.com will help your company to establish contact, if you are looking for partners to go
global whit you product. China is a ?œmust win??market for nearly any business with international ambitions.
But companies trying to enter the China market often find themselves in a profoundly confusing and
chaotic business environment marked by fast change, contradiction, and extreme competition.
This is where a sincere and strong local partner can be of a huge help.
 

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