Common Contracts
1 similar Technology Transfer Agreement contracts
Technology Transfer Agreements with ChinaTechnology Transfer Agreement • September 15th, 2014
Transfer of state-of-the-art technology to China is one of the pillars of present Chinese development towards becoming an innovation-based economy. Such transfer is subject to a special regulatory framework in China that qualifies technology as prohibited, restricted or encouraged. If a technology is qualified as restricted, the technology company must first secure an import licence before the technology agreement is legally valid. Royalty fees and technical service fees cannot be remitted abroad if the technology agreements are not properly registered with the relevant Chinese government agencies.
