Today more and more organisations are broadening their horizons and doing business in the international arena. Global expansion brings opportunities and rewards but also carries potential risks. Through our extensive global network, Deacons has the knowledge and experience to help clients navigate the complex international legal environment.
Wherever in the world
No matter where in the world our clients are doing business, we have the capability of handling their international legal needs. Whether it’s making an acquisition in New York, forming a joint venture in London, establishing operations in Asia, or licensing technology in Europe, we have the experience to meet the most demanding requirements.
Seamless, faster
Putting together any international transaction has the potential to become a complex and time-consuming process. That’s why our clients appreciate having their legal services delivered with efficiency and speed. By having a single law firm coordinate the various aspects of an international transaction, clients experience competent management and assessment of legal issues, resulting in faster transaction times and reduced costs.
Multi-layered services
We deliver our international services in several ways:
a multi-jurisdictional and multi-lingual experienced team of lawyers with a proven track record of managing complex international transactions
Deacons has a strong presence throughout Asia with Deacons owned and and affiliated offices in Australia, Hong Kong, Indonesia, Malaysia, People’s Republic of China, Singapore, Taiwan and Thailand
strong working relationships with local firms in a number of other countries, including Vietnam, India, Europe and North America. Our clients benefit from the established confidence and working relationship we have developed with these alliance firms over the years.
Managing complex risk
The simplest, most routine transaction can have an international character. Whether a legal issue is large or small, the global aspect adds a level of complexity and risk that must be properly managed. Deacons has the depth of experience to help clients manage risks in this challenging area. With so many variables in international transactions, it’s also important for us to provide a consistent service. Our international transactions experts can address virtually every type of issue that can arise in a global project. For each major transaction we appoint a single partner as the primary link with the client, ensuring our services are delivered in the most efficient and responsive manner. This single point accountability also means the same quality standard is achieved and allows for quick remedial action in the event that issues arise.
Our services
Deacons’ services cover a range of international endeavours including:
establishment of joint ventures
mergers and acquisitions
transfer and licensing of technology
protection of intellectual property rights
long-term supply and distribution arrangements
In assisting clients to implement these programs, Deacons provides expert legal advice encompassing:
international due diligence - review of corporate,commercial and regulatory issues
capital raising - private equity, share floats and structured finance
Smart Company online magazine, 5 May 2008, reports on China's rising place in the global economic ranks and as a major global influence. The China-Australia trade relationship is also growing as well as "broadening and diversifying".
Deacons partners Ian McCubbin, Shaun McRobert and James Stewart are noted as "leading lawyers" for the role Deacons played in the Sinosteel bid for Midwest, reports Australasian Legal Business, Issue 6.4.
Ian McCubbin, Deacons partner and head of China business, is quoted in The Australian, 11 April 2008, saying "Australia's Foreign Investment Review Board appears to be sitting on Chinese applications for approval to invest in Australian resources."
Deacons partner Kevin Hobgood-Brown is quoted in The Australian, 7 April 2008, in his role as Chairman of the Australia China Business Council in relation to Prime Minister Kevin Rudd's vist to China this week.
Sydney Morning Herald, 9 February, 2008, Deacons' Ian McCubbin and Kevin Hobgood-Brown interviewed regarding China's role on the world investment stage.
An article in the Australasian Legal Business magazine, Issue 5.10, highlights Deacons role in the signing of a major Chinese investment in Australian infrastructure by Chinese steel producer Anshan Iron & Steel Group during APEC in Sydney.
Northern Territory News, 7 November 2007, reported on the official opening of a Northern Territory Branch of the Australia China Business Council (ACBC) by the NT Chief Minister, Clare Martin. Chief Minister Martin and Deacons partner Kevin Hobgood-Brown spoke at the opening ceremony.
Deacons was featured as the "Deal of the week" in Lawyers Weekly (21/9/2007). Deacons advised Anshan Iron and steel corporation, one of China's largest steel producers, in signing a joint venture developments with Gindalbie Metals, worth $1.8billion. The deal was signed at a historic APEC ceremony in Sydney attended by Prime Minister John Howard and Chinese President Hu Jin Tao.
On 16 March 2006, the National People’s Congress passed the Enterprise Income Tax Law (Law), which, from 1 January 2008, will unify the tax regime that applies to domestic companies and foreign invested enterprises (FIE) in China.
The Law introduces a standardised tax rate of 25% for both domestic companies and FIEs, which is an increase in the preferential tax rate of 15% that currently applies to some FIEs, but which is lower than the 33% tax rate (being 30% at national level and 3% at local level) which applies to most domestic companies in China.