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Focus China
News & Information for Investors, Entrepreneurs and Businessmen from Tax Consultants, Accountants, and Lawyers
Recent Articles
Increased Liability Risks for Directors in China: A Comprehensive Guide with Numerous Examples
The recent changes in Chinese corporate law mark a significant shift in corporate governance and establish new, stricter standards for directors. This comprehensive guide sheds light on a variety of scenarios in which directors must now exercise increased caution to avoid personal...
Chinas NEW Company Law! What you need to know!
266 articles, this will be the lengths of the new Chinese company law. The current version with 218 articles in total will get a full make-over with over 70 articles being added or substantially revised. As this is the first...
Chinas new company law 2024 and liabilites – why the Supervisor can still be useful
Even though underestimated many times, the Supervisor could play a crucial role in the performance of a Chinese business. Being on an equal level of communication with the management comes with many plus points. The new company law brings profound...
Employer Gift-Giving in Germany and China Explained
Christmas season is around the corner, and many companies are gearing up to prepare Christmas presents for their employees. Before diving into the festive spirit, it's crucial for a company to pay attention to certain aspects in advance to avoid...
Cross-border data transfer made easy now: The CAC Standard Contract
Previously, the transfer of cross-border personal data was challenging, whether it was conducting a CAC security assessment or certifying personal data. Both processes involved high costs, significant administrative burden, and long waiting times. However, since June 1st, 2023, the transfer...
Chinas E-Fapiao
In the operations of modern enterprises, invoices play a pivotal role. With the evolution of technology, the traditional process of obtaining paper invoices from the tax bureau has transformed. The Golden Tax IV system has ushered in a new era...
China shortens the negative list again
In a recent step further in opening up the Chinese market, the National Development and Reform Commission (NDRC) and the Chinese Ministry of Commerce (MOFCOM), announced a shortened “Negative List” on June 30th, 2019. This list is known to govern...
China’s Cryptocurrency and Blockchain Regulatory Environment
China's cryptocurrency market - We give you an overview of legal regulations and tax implications in terms of Bitcoin-related business. (more…)
Legal update China: new laws and regulations in 2019
Regulatory change often comes quickly in China – and the year ahead will be no exception. Some major legal changes already came into effect on January 1st, 2019, whilst others are still in the pipeline. (more…)
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