Foreign Invested Partnership Enterprises (FIPE) enjoy preferential treatment in application for establishment, tax collection and operation mechanism. The formation of partnership should bring advantages and disadvantages of Foreign Invested Partnership Enterprise into consideration. The prohibited classes marked as "shall be limited to the joint venture", "limited to cooperation", "limited to the joint venture and cooperation", "China holding company", "China relative holding" and projects with foreign investment proportion requirements in the Foreign Investment Industrial Guidance Catalogue shall not set up any foreign-funded partnership enterprises. Consult Business China China Partnership Firm Registration | Formation of Partnership A partnership company is a profit-making organization that is jointly funded, co-financed and shared by partners, and is a profit-making organization with an unlimited joint and joint liabili...