China Customs has been actively developing a customs voluntary disclosure system suited to its environment since the launch of the pilot project on enterprise self-regulation management in 2014. The primary goal of this system is to implement the management concept of "promoting integrity, and punishing dishonesty" at the legislation level for enterprises, aiming to encourage…
Read moreTag: china
Where a company intends to involve notarization procedures and require the related documents to be notarized during the business operation in the People’s Republic of China("China”), the public notary of China would request for documents as certification. Understanding which certification documents to submit ensures efficient processing, but the list of basic documents may vary from…
Read more
In bankruptcy liquidation cases, the court has unclear provisions for declaring debtor bankruptcy. However, the Enterprise Bankruptcy Law prescribes clear legal conditions for the court to declare bankruptcy for reorganization and settlement cases. Simultaneously, the conditions for the declaration of debtor bankruptcy in the 'Minutes of the National Bankruptcy Trial Work Conference of the Supreme…
Read more