Search Results for: business

CHINA | E-platform Simplifies Deregistration

In 2016, the State Administration for Industry and Commerce (‘SAIC’) introduced a simplified deregistration procedure.

Namely, the SAIC adopted ‘The Guidance opinions on comprehensively promoting the reform of simple deregistration of enterprises ([2016] No. 253’, (‘Guidance Opinions’) on December 26, 2016. The simplified de-register procedure was further bolstered in 2018 and 2021 with the adoption of the Notice on strengthening information sharing and joint supervision ([2018] No. 11) (‘Notice’) and The State Administration of market supervision and The State Administration […]

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CHINA | Tax Planning for Complex Supply Chains

Complex supply chains require comprehensive tax planning.

Especially in cross-border businesses or middle-size and large-scale corporations, integrated tax planning which optimises tax policies and incentives is crucial. Namely, it effects the overall business development and operations.

For comprehensive tax planning, tax policies should be applied with a deep understanding of the company’s business model and process. Equally, the entire supply chain should be considered including planning, purchasing, manufacturing, delivery, and after sales. Through this systematic approach with a focus on the business […]

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CHINA | Standard or Alternative Working Hours

In China, employers can either set standard or alternative working hours. Standard working hours are normally utilised.

In cases where the constraints of the work characteristics or production limits the implementation of the standard working hours, the employer may apply the flexible working time or cumulative working time system. Such alternative working hours are subject to case-by-case approval by the labour administrative department.

What Are Standard Working Hours?

Standard working hours are restricted to 8 hours per day and 44 hours […]

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