Companies concluding contracts in China shall formulate robust contractual terms for protection during a contractual dispute. At Horizons, we often find contracts missing mandatory clauses which can increase legal risks. It is crucial for companies doing business in China to construct robust contracts. In the below, we outline a checklist for companies concluding contracts in…
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Social insurance payments through a third-party agent without establishing a labour relationship is deemed as fraud and illegal. Several Articles issued by the Human Resources and Social Security authorities stipulate that utilising a third-party agent to pay social insurance without establishing a labour relationship between the agent paying the social insurance and the relevant individual(s)…
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China Joint-Stock Company Shareholders are either capital contributors or investors of a joint-stock company. Shareholders have the right to attend the shareholders' general meeting and have voting rights. Equally, Shareholders are entitled to inspect the articles of association, shareholders' register, corporate bond receipts, minutes of general meetings of shareholders, minutes of meetings of the board of…
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