Insights Germany

Increased Liability Risks for Directors in China: A Comprehensive Guide with Numerous Examples - Ecovis Heidelberg
Insights Germany

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 liability. Our examples shall assist directors in recognizing potential pitfalls and taking appropriate […]
Chinas new company law 2024 and liabilites – why the Supervisor can still be useful - Ecovis Heidelberg
Insights Germany

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 changes for company representatives, shareholders, capital distributions and the Supervisor. Where after the old law […]
The Advantages and Implementation of E-Fapiao – Chinas NEW and OBLIGATORY Digital Electronic Invoices - Ecovis Heidelberg
Insights Germany

The Advantages and Implementation of E-Fapiao – Chinas NEW and OBLIGATORY Digital Electronic Invoices

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 of electronic invoicing, rendering traditional methods obsolete. Digital electronic invoices, encompassing value-added tax special invoices […]
How to close a company in Germany - Ecovis Heidelberg
Insights Germany

How to close a company in Germany

Companies in Germany may want to close their business for various reasons such as changes in their business scope, due to financial problems, or failure to adapt to the market. Or nowadays, another important factor might the coronavirus (COVID-19) outbreak. Whatever the reason is for this decision to shut down the business, investors cannot simply […]
X