Category: Business in China

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Category: Business in China

Article 2 of the Overseas NGO Law (中华人民共和国境外非政府组织境内活动管理法) delineates Overseas Non-Governmental Organizations (NGOs) as entities that are not operated for profit and are established outside mainland China. In this blog post we talk about aspects of accounting and financial reporting for foreign NGOs in China.
While Chinese market offers significant opportunities for foreign businesses, doing business with local companies could be challenging. Cultural differences, intellectual property risks, non-enforceable contracts, delayed payments – you name it. In this blog post we offer a basic guide for selling goods/providing services to Chinese companies.
Having a thorough understanding of relevant laws and ensuring your business adheres to them significantly reduces the likelihood of encountering legal issues in China. In this blog post we have compiled a brief compliance checklist for foreign businesses operating in China.
On December 29, 2023, the National People’s Congress, amended the Criminal Law. These amendments, which will take effect on March 1, primarily focus on addressing bribery and corruption within private enterprises.
China's Company Law underwent significant amendments, effective July 1, 2024. These changes bring about crucial shifts in corporate governance, registered capital contribution, and equity structures.
Given the constantly changing regulatory requirements set by Chinese authorities, companies should be vigilant about fulfilling their annual compliance obligations. In this blog post we highlight the three steps towards the annual compliance for the Foreign invested enterprises (FIEs).
In this blog post we talk about The Corporate Sustainability Due Diligence Directive (CSDDD) as it marks a pivotal moment in responsible business practices, addressing key aspects of sustainability, human rights, and environmental safeguards.

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