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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Performance of contracts shall match the exact contractual obligations. Therefore, formulating robust and clear contracts is a must to decrease contractual disputes. Parties to a contract must render exact and complete performances to be released from legal liabilities. Any unfulfilled legal obligations can be subject to civil and administrative penalties - therefore, for companies doing…
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