Corporate Governance

I am looking to expand my business into China. I have been told that the kind of company I set up will have a big effect on how much tax I pay, especially when taking money out of China. What advice do you have?

State Council facilitates engagement in the telecom business.

Enterprises will be assessed by their environmental credit ratings.

China terminates enterprise annual inspections.

China implements new registration system for registered capital subscription.

Banks required to disclose more information on affiliated transactions.

The revision abolishes the minimum registered capital requirement of Rmb30,000 for limited liability companies.

The amendments to the PRC Company Law will boost economic activity and stimulate investment. The reforms are an important step in the drive to establish a more mature market with less government control

Non-financial institutions allowed to invest in consumer finance companies.