Category: Legal

Horizons consultants participate in webinar to advise China foreign-invested businesses on mitigating problems brought on by COVID-19

On 9 March Horizons Corporate Advisory partner Lucia Netti and Pier-Domenico Peirone of Pathways (Shanghai) Co Ltd (Horizons Group) participated in a webinar on the impact the COVID-19 epidemic is having on companies and international trade. The webinar was organised by Confindustria Bergamo, an Italian management consulting company. During the webinar, Ms. Netti and Mr.…

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China business (UPDATED 24 Feb): to combat the coronavirus and head off economic insecurities, government takes action by implementing supportive financial and tax measures for businesses

Horizons will continue to update important business news and information related to the coronavirus epidemic. 5 Months Reduction on Employee Medical Insurance Premium The China Ministry of Finance, National Medical Insurance Bureau and Tax Bureau jointly announced the Guiding Opinions on the Periodic Reduction of Basic Employee Medical Insurance Premium (“Guiding Opinions”) measure on 21 February 2020.…

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China business (UPDATED 19 Feb.): to combat the coronavirus and head off economic insecurities, government takes action by implementing supportive financial and tax measures for businesses

An updated version of this post appears here. Further nationwide measures to support businesses in China have been announced At the 18 February State Council of the People's Republic of China executive meeting chaired by Premier Li Keqiang, the council announced policies that included a reduction in social insurance premiums and a deferment in payment…

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China business: to combat the coronavirus and head off economic insecurities, government takes action by implementing supportive financial and tax measures for businesses

An updated version of this post appears here. In China’s battle against the coronavirus epidemic, the nation is striving to contain the spread of the virus. Many provincial and municipal governments across China have issued first-level emergency responses to enable emergency measures in combating the epidemic. For enterprises across China, such measures are directly impacting…

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What China employers should know about salary obligations during the coronavirus crisis

The outbreak of the coronavirus in China has resulted in a number of national and local government measures to tackle the virus and address its related effects on society, including the normal operation of businesses.  For domestic enterprises, salary payment mandates for employees who are affected by such prevention and control measures are established in…

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