Tag: legal

Corporate governance in China: A review of meetings and resolutions of the Limited Liability Company

Shareholders’ meeting Company Law of the People's Republic of China establishes the shareholders' meeting of a limited liability company to be comprised of its shareholders and is the highest authority in the company. The Shareholders’ meeting is an indispensable component in which members exercise their investor’s right to collectively govern the company, in accordance with…

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Companies (Amendment) Ordinance 2018: Maintaining of Significant Controllers Register by Hong Kong Incorporated Companies

The Companies (Amendment) Ordinance 2018, which came into operation on 1 March 2018 imposed on companies incorporated in Hong Kong (excluding listed companies in Hong Kong) an obligation to maintain a Significant Controllers Register (SCR). Coupled with the Common Reporting Standard, which took effect on 1 July 2017 in Hong Kong, the new provision reflects…

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China’s “Five-in-One” Policy: Reform of company registration system streamlining in full effect

After the progression of China’s “Three-in-One” Reform in October 2015 incorporating the business license, organization code certificate and tax registration certificate into one integrated business license (one certificate with one unified code), and the updated to “Five-in-One” policy (October 2017), the “all-in-one” process now stands fully implemented as of 31 December 2017. Prior to “Three-in-One”,…

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Horizons unveils its China Collaborative Group—a legal services advisory designed for the Belt & Road era

In December Horizons Corporate Advisory unveiled the firm’s China Collaborative Group (CCG) as part of a four-city knowledge seminar promoting Winning Ways for Investment. CCG is a unique professional services advisory comprised of business and legal experts from China and abroad. Its mission is to assist Chinese business executives and decision-makers in achieving market advancement…

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