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GLOBAL FRANTECH / EVERASIA FINANCIAL CONSULTANTS LICENSED "WOFE" CHINA SIGNS EXCLUSIVE JOINT VENTURE

(EMAILWIRE.COM, February 14, 2008 ) GUANGZHOU, GuangDong, China - EverAsia Financial Consultants Co. Ltd, Chengdu, Sichuan, China (EAFC) signed an exclusive Joint Venture agreement with Global FranTech Group and FranTech Guangdong (FranTech), of Guangzhou, China which grants FranTech the right to market licenses of EverAsia Financial Consultants Co., Services, EAFC branch partner programs, with it's services to take companies public in the PRC and Worldwide markets such as America and Hong Kong. They also offer a cost effective solution with access to capital markets.


Stuart Cooper, CPA, Managing Partner of EverAsia Financial Consultants Co., LTD, said, "We chose FranTech because of their tremendous geographic reach and proven track record in establishing licensing agreements in 220 countries. With more than 35 years of experience, FranTech knows international franchising, Investment banking, trade policy, law, marketing, private banking, and technology research. Its broad expertise, coupled with access to key governmental decision makers, provides services uniquely valuable to EverAsia Financial Consultants overseas."

The company explained that FranTech's mission is to foster the development of the global economy by providing a global perspective to private bankers, developers, marketers, manufacturers and innovators on newly emerging and preemptive technologies. It offers world-class solutions for the licensing and transfer of USA and Worldwide innovations to emerging economies.

Philip Nadeau, CEO of FranTech, said, "We see a tremendous market worldwide for EverAsia Financial Consultants, Co., Ltd. a fully integrated "IPO's ONLINE OFFERINGS" and public shells, automated rules based financial system assistance in global IPO's systems with Internet-Enabled Intelligent stock programs for emerging countries and companies with it's EverAsia branch partner licenced program and FranTech already have interest from several countries. We plan on developing brand name recognition and positioning of GlobalClear Investment Banking LTD, Hong Kong with many Chinese governmental agencies, central banks, monetary funds and private companies where we
already have relationships in place."


About EverAsia Mergers and Acquisition / IPO'/ Structured Finance

EverAsia is an Investment Boutique that identifies, structures and executes diverse and innovative private market transactions for corporations, financial institutions and governments.


EverAsia transactions include mergers, acquisitions, divestitures, IPO's, debt capital, licensing, franchising, joint ventures, bank lending, leasing, project finance, structured finance and real estate financing, or a combination thereof.


EverAsia's professionals advise and assist China clients across a number of industry and product groups:

Governmental, Industrial, Consumer, Health Care, Real Estate, Special Products, Technology, Media, Sports and Telecommunications.


In each of these areas, we provide a range of EverAsia services designed to meet the specific needs of our clients - including financing, merger and acquisition and other investment banking services.


Our Chinese clients require advisors who know their business from the outset.

They need worldwide advisors who can master the complex issues of a strategic transaction be it an China acquisition, divestiture or restructuring.

They need EverAsia advisors with the analytical sophistication and deal-making experience necessary to render advice and opinions on a wide range of China business valuation issues. And they need EverAsia financial advisors who see beyond each transaction and can add value to their business for IPO's, Franchising and Licensing into 220 countries.

Our China team-based approach allows EverAsia to maintain a high level of quality and integrity in developing and executing on our Chinese client's IPO's transactions.

This has made us the China M&A partner of choice for some of the world's most demanding Chinese investment clients.


FranTech has form Collaboration with EverAsia in a China licensed "WOFE" CHINA WOFE or JOINT VENTURE

Forms of New China Incorporation


There are two major forms of incorporating your business enterprise in the People's Republic of China.



Wholly Foreign Enterprise (WFOE or WOFE) Joint Venture (JV), which can be established in a variety of ways.


The Chinese government prefers the enterprise be established as a Joint Venture with a local Chinese partner. Rules, regulations and access to the domestic market clearly favor this method.



China Wholly Owned Foreign Enterprises (WOFE)


A WOFE is an enterprise in China which is 100% owned by a foreign company or companies. Establishment as a WOFE allows the foreign firm to retain complete control and direction of the operation. It also tends to maximize return as a second party investor is not involved.


But, a WOFE can be more difficult at startup as the foreign firm may have no expertise in operating in China and little knowledge of the local area.

WOFEs are generally established as manufacturing or assembly operation for the purposes of export. WOFEs in China enjoy the benefit of low cost labor.


A WOFE is not allowed to sell its products into the Domestic market.


WOFEs that sell into the domestic market use creative importation methods or export and re-import. Under either of these methods significant additional costs are incurred either as payments to a third party or in sizable duty rates.


WOFEs are often but not always, located in a Special Economic Zone (SEZ) where they can take advantage of special tax rates, improved
infrastructure, and a variety of local suppliers and services which have grown in and around the zone in support of the SEZ.

China Joint Venture (JV)

Joint Ventures are businesses where a foreign firm takes on a local
Chinese partner.

The ownership usually is 51%-49% with the foreign firm owning the majority. This is no hard and fast rule and various different proportions can be established depending upon the desires of the two
parties.


Foreign companies often enter into JVs for a number of reasons. The most common reason is to gain access to the domestic market.

Without forming a JV, foreign firms find it all but impossible to gain market access. A Chinese national has, by nature, the rights to sell domestically and without incurring duties or other charges.

As long as the business is profitable and sales in China are incremental, JVs can be an excellent choice. Certainly, when faced with the option of no access to the domestic market, it becomes the only choice.



A second major reason for entering into a JV is to utilize the knowledge and expertise of the local partner in doing business in China and the local area. This is especially true if it is the first endeavor into China for the foreign company.


The local EverAsia partner can be extremely valuable in expediting the startup of the business, gaining government approvals, lining up local services and suppliers or domestic distribution channels such as franchising and licensing of distribution into 220 countries.


EverAsia can also help to teach the foreign nationals how to do business in China, covering everything from rules and regulations to personal issues such as how to obtain expat housing and other needs.


The disadvantage to a JV is that another partner shares in the profits of the business. If this is incremental business, then it can be good for both parties.

If the China business is strictly export, one must question why enter into a JV and share the profits as low cost labor can be obtained in any one of a number of countries in Asia or even Latin America.


EverAsia says, (Do not forget availability of infrastructure in this equation) Along with the sharing of profits, however, comes the sharing of the investment risk as the local partner contributes funds or assets
into the enterprise.

Sometimes the EverAsia contract assures the local partner a return on investment, mitigating business risk to him.

EverAsia Shapes of China JVs

Joint Ventures can take a variety of shapes in term of ownership, contributions, participation and involvement of the partners.

They can be 50-50 or 90-10.

The local partner may be asked to be participative in running the day to day operations or he may be a silent partner who was acquired by the foreign firm simply to gain domestic market access. In some cases, the partner may be provided guaranteed return on investment regardless of the profitability of the JV.


This allows the foreign firm more control over the direction and investment options of the JV. The two partners will enter extensive
negotiations prior to business startup to work out the details of the JV.


EverAsia successful conclusion of the negotiations results in a workable JV which benefits he needs and wants of both parties.


For more, see Global FranTech and FranTech Guangdong Negotiations online.

www.FranTechUSA.com

www.FranTechGuangdong.com

Contact by e-mail for new FranTech WOFE's and JV's in China.


President@FranTechGuangdong.com


Copyright (c) 2008: FranTech Guangdong by Global FranTech Group



About FranTech Guangdong International Licensing,


FranTech consists of core partners surrounded by interlocking networks of consultants and affiliates in key trading countries and disciplines.

They have over thirty-five years of experience with their proven partners. In addition, FranTech has proven track records in assembling,
negotiating and consummating trade, licensing, technological and financial agreements; they pool strengths drawn from experience in international banking, trade policy, law, marketing, investment banking and technology research. This broad expertise, coupled with access to
key governmental and business decision makers, provides services uniquely valuable to EverAsia Financial Consultants Co., LTD, in the
restructuring global economy.



EverAsia Financial Consultants Co. LTD Chengdu, Sichuan, China is pleased to commence a strong working relationship with Global FranTech.


FranTech's mission is to foster the development of the Global Economy by providing a Global Perspective to bankers, developers, marketers, manufactures, and innovators of newly emerging and preemptive technologies.

They offer world-class solutions for the investment banking industry, licensing and transfer of USA and Worldwide innovations to emerging economies in 220 countries worldwide for over thirty-five years.



For information on this exclusive EverAsia Investment Banking service and technology contact FranTech Asia at +-0091-932-706-7935


Submitted by:
Shanker Damodaran, President,
FranTech Asia, Ltd. Ahmedabad, Gujarat, India
Contact us at: President@FranTechAsia.com


Visit us at:
www.FranTechUSA.com

www.FranTechAsia.com

www.FranTechGuangdong.com

www.FranTechWTC-3G.com

www.FranTechSwitzerland.com

###

This press release was issued through GroupWeb EmailWire.com. For more information on press release distribution, go to http://www.emailwire.com .


FranTech
Shanker Damodaran
+ 0091-932-706-7935
President@FranTechAsia.com

Source: EmailWire.com


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