Tag: business

China corporate insights: understanding the basics of the registered capital registration system

Registered capital refers to the capital to be paid by the shareholders or promoters of a company. The minimum amount of registered capital mandated to be registered was eliminated in 2014, except where required by law, rules and regulations. The Circular of the State Council on Issuing the Reform Proposals for the Registered Capital Registration…

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Practical advice for doing business in China: Business cards, company names and more

From 5- 10 November 2018, Shanghai will host the China International Import Exposition (CIIE). CIIE was announced in May 2017 by President Xi Jinping during the Belt and Road Forum as a platform to actively open the Chinese market to the world in support of trade liberalization and economic globalisation. For those attending CIIE, perhaps…

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China’s ‘One Window, One Form’ policy for business registration in full swing

On 28 February 2018, the Ministry of Commerce (MOFCOM) and State Administration of Industry and Commerce (SAIC) jointly announced the circular (letter of notice) on the implementation of  ‘One Window, One Form’ Business Registration Filing for Foreign Invested Entities. The circular follows from the 19th People’s Congress plan to further optimise foreign direct investment environment,…

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