By: Thibaut Minot, China Briefing, Dezan Shira & Associates Foreign companies entering a high-risk market like China must pay attention to their compliance programs at the local level. Passive supervision from the top simply won’t suffice. As a starting point, the below internal control measures should be carefully considered and strengthened where appropriate. Embed internal …
Click here to download A wholly foreign-owned enterprises (“WFOE”) is a company established in Mainland China according to Chinese laws and entirely with foreign capital. As the business environment and the attitude of the authorities towards the WFOE model have changed over the last two to three decades, the setting up of WFOE for trading and …
Culinary incubator Hatchery is priming the next generation of restaurateur-entrepreneurs for the discerning stomachs of Beijing’s bon vivants. We sit down with co-founder Alex Worker to chat about the importance of start-ups collaborating with existing businesses, how to engage both local and expat communities, and Hatchery’s new program for budding entrepreneurs in the food …
AustCham is delighted to launch our AustCham Podcast series with a special China corporate tax update for SMEs in China featuring Russell Brown, Managing Partner of LehmanBrown International Accountants.
AustCham interviews Peter Pronk, CEO of 1421 Consulting, to gain insight on the current business climate in China and how SME’s can protect themselves on compliance risks in China. 1421 Consulting is a well regarded member of the Chamber and has an extensive experience in helping and supporting both Western and Chinese companies to cooperate and to …