Distributing dividends in China from the company’s capital contributions is prohibited. Any capital reduction shall be agreed by the board of shareholders and shareholders’ resolutions shall be passed. However, capital reduction shall not be conducted for the purpose of dividends. At Horizons, we encounter many cases of indirect illegal dividends distribution, where the overseas headquarters…
Read moreMonth: February 2023
Serious infringement of personal information in China can result in criminal penalties. China has adopted a series of laws, rules, and regulations to regulate the collection, use, and other processing of personal information. Namely, the Personal Information Protection Law ('PIPL') effective from 1 November 2021 governs personal information usage and disclosure in China. Recently, the…
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Acquisition International recognises Horizons Corporate Advisory as Leading Corporate Governance Advisor of the Year 2022, APAC. Roberto Gilardino, Managing Partner APAC, Acquisition International on delivering exceptional global solutions for cross-border transactions. Original article Contact Us If you have questions or concerns related to international corporate advisory, APAC, please contact Roberto Gilardino at r.gilardino@horizons-advisory.com to schedule…
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