China finished its annual legislative meetings of the Chinese People Political Consultative Conference (CPPCC) and the National People’s Congress (‘NPC’) in Beijing – commonly referred to as the Two Sessions (Liǎng huì). The Two Sessions is an insight into the overarching economic and political direction.With the current geopolitical tensions between China and the West and…
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A must in China not a maybe. Before commencing business operations in China, companies must have obtained a business license from the company registration authority – usually the Administrative of Industry and Commence. The license demonstrates that the company is legally established. Also, once administrative formalities are completed and approved, such a license is issued…
Read moreIn China, registered capital refers to the total capital contribution and form to be paid-in by shareholders. Registered capital is publicly disclosed on the company’s business license and related government databases. However, registered capital is not the paid-in capital of a company. It is the capital declared by shareholders in the Articles of Association (‘AoA’).…
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