CHINA NEWSLETTER | AUGUST 2014
Representative Office Incorporation in China: Goods and Bads
Representative Offices are the cheapest, fastest and easiest way to incorporate in China. This structure enables you to sense the market, understand its dynamics, taking your first steps in China. However, such advantages come at a cost: they are not allowed to conduct business in China.
>> More details about Representative Offices pro and cons
Investing In China: Be careful about the Variable Interest Entities (VIE)
Variable Interest Entities have been used by Chinese companies operating in restricted industries so as to list abroad. It was first designed by IT companies with success. However, as its use is getting more and more common, asset-heavy industries have started to structure in this way, putting foreign shareholders at risk.
>> Learn more about VIE structures in this publication.
Accounting Fraud Detection in China
In days of anti-corruption crackdown, knowing what’s going on in your accounting books is a must-do. Simple principles, applied with zeal, can help you reduce fraud risks in your company. Don’t underestimate the harm accounting frauds can do to your company, prepare for it, prevent it and suppress it.
HOT THIS MONTH
New Business License
Following China recent Company Law amendment, Business Licenses change both in shape and content. Discover the novelties here.
Registered Capital can now be converted at will in 16 pilot zones throughout the country. Equity Investment is eased. Check about it in this article.
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S.J. Grand Financial and Tax Advisory consultant teams have been advising foreign investors in China for more than 10 years. Discover more about our activities on our website or by contacting us: firstname.lastname@example.org