Beijing Dacheng Law Offices, LLP ("大成") is an independent law firm, and not a member or affiliate of Dentons. 大成 is a partnership law firm organized under the laws of the People’s Republic of China, and is Dentons' Preferred Law Firm in China, with offices in more than 40 locations throughout China. Dentons Group (a Swiss Verein) ("Dentons") is a separate international law firm with members and affiliates in more than 160 locations around the world, including Hong Kong SAR, China. For more information, please see dacheng.com/legal-notices or dentons.com/legal-notices.

Dacheng Advises Parallels on Chinese Business Integration Project

Recently, Xiamen-based senior partner Zhang Guimao and his team member attorney Lin Rong (hereinafter referred to as “Dacheng”) successfully advised on the Chinese Business Integration Project of Parallels, a global leader of host and cloud service realization and cross-platform solutions. Dacheng provided full-course legal services for the project, including the establishment of Parallels (Xiamen), liquidation of Parallels (Beijing), establishment of Beijing Office, remittance of liquidated profits, capitalization of profits to registered capital, applying for and obtaining the preferential tax treatment under the provisions of the Agreement for the Avoidance of Double Taxation and transfer of assets, business and personnel.

Parallels is a global leader of host and cloud service realization and cross-platform solutions which was founded in 2000, and has, for consecutive years, been qualified as the tier-1 supplier of Apple. It is a software company in fast development, currently with offices in North America, Europe, Asia and Australia and more than 900 employees. Parallels’ advanced service delivery software, outstanding knowledge and win-win partnership ecological system provide an advantage for continuous growth of service providers and “Profit from the Cloud™”. Currently more than 9,000 service providers worldwide rely on Parallels’ products to provide more than one thousand application programs and cloud services for more than 10 million SMEs in more than 130 countries. The cross-platform solution of Parallels helps clients and enterprises of different sizes to run and get access to the application programs based on different platforms and provides them with an easy way. Parallels Desktop for Mac, which has received several awards and always been ranking the first by sales, occupies 90% market share. With Parallels Desktop, enterprises and consumers can run Windows and Mac application programs simultaneously on Mac without a restart.

With its quality legal services and professionalism, Dacheng is highly recognized and praised by Parallels, which adequately reflects the comprehensive capacity of attorneys based at Dacheng Xiamen Office in serving high-end clients including transnational companies.