10 Things Businesses Need to Know When Setting Up a Company in China and the UK: Episode 4

September 1, 2022 Posted by China Briefing Written by Dezan Shira & Associates Reading Time: 2 minutes

Our latest video in the series focuses on the key considerations of corporate governance in China and the UK.

China’s economic reform and policies over the last four decades have succeeded in establishing international standards of corporate governance in the country. This facilitated the emergence of modern enterprise structures, contributing to the development of one of the largest economies in the world today.

Corporate governance includes the guiding principles a company has established to guide all its activities, from compensation, risk management, and employee treatment to reporting unfair practices, and more.

Whether entities are seeking to enter for the first time or are already operating in China or the UK, it is crucial to understand the key considerations of corporate governance. It should serve as a safeguard and boost the interests of shareholders through setting the strategic direction of the entity in China or the UK – an important element to ensure success. When the mechanism is missing, it leads to bankruptcy and an ineffective business.

This series concentrates on the UK-China business angle. Every week, we will add a new video that answers some of the most frequently asked questions about setting up a company in China and the UK. Each video answers the same issues from both the China and UK perspectives.

Key insights are provided by, Maria Kotova, Head of UK Business Development and China market entry director at Dezan Shira & Associates, and Lisa Gui, Assistant Manager at HW Fisher.

If you have any questions about doing business in China or the UK, reach us at UK.Ireland@dezshira.com