The State Administration for Market Regulation (SAMR) is a new administrative body that subsumes the responsibilities held by various regulators and will oversee all manner of market controls in China.
China’s recent incentives to facilitate foreign investment in the country ties in with its ongoing structural economic reforms that have gained momentum since the trade war with the US.
Doing Business in China 2018-19 is designed to comprehensively guide new investors and established businesses in China with the most recent and relevant policy changes.
China’s new e-commerce law will come into effect in 2019, introducing stricter compliance requirements, IP protections, and consumer safeguards.
Guangdong has released a 10-point incentives plan to attract foreign investors – easing market access, strengthening IP, offering R&D support, among others.
Shanghai recently launched a new online platform to facilitate the business registration of foreign-invested enterprises in the city.
Hong Kong continues to be a difficult place for foreign investors to open and maintain a bank account without adequate preparation. Foreign investors should take time to understand the banking procedures and documents required in order to be successful.
For whatever reason, investors in China may be faced with the decision to cease their company’s operations. In this article, we look at WFOE deregistration in China.