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.
China’s green bond market is too big to be ignored by the for foreign investors: in 2022, China issued green bonds worth $76.25 billion, and market has become the second largest in the world, standing at US$17.4.
In recent years ESG holds growing significance for international investors suggesting that unless China ESG standards reconcile with the Western sustainability practices, it will become less and less tangible for foreign investors to enter the Chinese market or remain in it. In this blog post we outline key ESG challenges that still prevail in China business environment.
In recent years, China has seen the ongoing evolution of its ESG-related policies. In this post we take a look at the current requirements for companies.
Following an extensive debate throughout the Q1 and Q2 of 2023, it has become evident that the emergence of a "new China" in the near future is unlikely. Should you aspire to leverage the advantages offered by the vast consumer market, a well-established supply chain, and other benefits associated with the "factory of the world," it is imperative to gain a good understanding of the challenges foreign enterprises commonly face when venturing into the Chinese market. In this article we briefly introduce the ten most prevalent hurdles met by the international businesses in China.