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The government is moving in a direction to make the corporate formation and supervision process more user-friendly.  Two key changes are expected to happen in the near future.  The first is the abolishment of the registered capital requirement which has been a source of frustration for foreign investors and especially small-to-medium sized enterprises that seek to capture the market opportunities.  Secondly, the government plans to reform the current annual inspection process, which requires that all enterprises in China go through a detailed review process every year and at the risk of losing a business license, to become an annual reporting process.  These changes are intended to make life easier for enterprises, including foreign investors.

Continue Reading China to Relax the Corporate Registered Capital System and Reform the Annual Inspection Process

Continue Reading China to Relax the Corporate Registered Capital System and Reform the Annual Inspection Process