Newsroom
Annual Compliance Requirements for Your Company in China
Foreign-invested enterprises and other companies operating in China face a year-round compliance cycle that extends well beyond annual filings. In addition to monthly and quarterly tax and payroll obligations, companies must manage annual audits, corporate income tax reconciliation, annual reporting, and time-sensitive updates to corporate and shareholder information. This article outlines the main compliance requirements under the PRC framework and highlights the practical areas where companies most often face timing, coordination, and disclosure issues.
Changing the Legal Representative of a China Company: Legal Requirements and Practical Risks
Changing a legal representative in China requires careful planning beyond the registration filing. Companies should review their articles of association, approval procedures, company chops, bank access and handover arrangements to ensure compliance and reduce legal and operational risks.
Registered Capital in China
Setting the right amount of registered capital for a foreign-invested enterprise in China is crucial. Too little or too much can have far-reaching consequences. This article provides guidance on how to determine your registered capital needs.
What are Fapiao Invoices in China?
China’s fapiao system has undergone major digital transformation. This updated guide explains what fapiaos are, how they support VAT compliance and business expense management, and what companies should know about China’s nationwide rollout of fully digitalized electronic invoices from 1 December 2024.
Strengthening Governance in Hong Kong Sports Associations: Navigating SFOC Requirements in a Multi-Layered Environment
The SFOC Code of Governance is reshaping governance expectations for Hong Kong sports associations. This article examines key governance principles, compliance challenges, and practical strategies for managing affiliated bodies within a multi-layered sports ecosystem.
Understanding China’s New Invoice Compliance Framework: Positive Lists, Negative Lists, and Four‑Flow Consistency
China’s new invoice compliance framework introduces positive and negative lists that turn “four‑flow consistency” into a enforceable standard. By linking contracts, business substance, fund flows, and invoices, the rules significantly heighten tax scrutiny—especially for foreign‑invested and cross‑border operations.