Tag: #horizons

CHINA | Stop Acting Against National Interests

On 10 June 2021, the Standing Committee of the National People's Congress ("NPC") adopted the Anti-Foreign Sanctions Law of the People's Republic of China. The Anti-Foreign Sanctions Law ('AFSL') establishes the regulatory framework for foreign persons, both legal entities and individuals, acting against China's national interests. For foreign companies and individuals working in or with…

Read more

CHINA | Why Liquidating Your Company is a Must

Foreign investors may decide to close their China operations for various reasons. Closing operations in China involves dissolving and liquidating the company. Abandoning a company without completing the legal requirements can result in severe penalties for personnel and the company. Specifically, the personnel and company can be blacklisted, and individuals may not re-enter China or…

Read more