Search Results for: business

How foreign companies can transition to the digital era of doing business in China

In years past, regulatory procedures for entities in
China involved trips to various governmental offices, not to mention extensive
paperwork. More recently, administrative procedures have migrated to an online
administrative system, which has accelerated the ease of business.

Corporate documents and seals, which legally bind a company
to a contract or are required for corporate identity confirmation/authentication
in carrying out governmental procedures, have also been moving to a digital
ecosystem, increasingly fostering a new, streamlined digital era in doing
business in China. 

Presently, procedures related to tax […]

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Under the direction of Premier Li, China sets actions to strengthen its business environment

Over the
years, China’s governmental procedures for the incorporation of companies and
corporate administration have been simplified to accelerate and strengthen
doing business in China. Despite the onslaught of COVID-19 and its economic
effects, the objective of optimising the business environment for both domestic
and foreign companies in China remains unchanged. If fact, the State Council
has further encouraged provincial and municipal governments (“Local
Governments”) to make optimisation of the business environment a priority
nationwide.

In a
recent State Council executive meeting held 24 June 2020, Premier Li Keqiang
presented a […]

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China business: 5 tips to help your foreign-invested company recover faster from COVID-19

As
China moves through its COVID-19 economic recovery phrase, restrictive measures
to prevent coronavirus clusters in the workplace are gradually being rescinded.
Nonetheless, many companies continue to struggle to get back on their feet. At
Horizons, we are successfully helping companies implement corporate solutions
based on our four pillars COVID-19 crisis service strategy that helps clients
emerge with strong foundations and a high level of preparedness for the post-COVID-19
time to come (you can read fully about the strategy here).

In
relation to our COVID-19 crisis service strategy, […]

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