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China Updates – March 2024

China has recently issued documents to enact preferential tax policies for qualifying companies and Hong Kong residents in the Shenzhen Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone.

A Guide to Changing Your Registered Capital in China

Changing the registered capital in China can be a complex process with numerous legal and financial considerations. Whether you are looking to increase or decrease the registered capital of your foreign-invested enterprise (“FIE”), it is important to adhere to the various rules and regulations. In this guide, we will explore the intricacies of changing your registered capital in China., highlighting the legal consequences that may arise from unlawful capital reduction. In addition, we will provide practical insights into the procedural requirements to help you stay compliant with the newly revised Company Law.