Search Results for: business

China’s “Five-in-One” Policy: Reform of company registration system streamlining in full effect

After the progression of China’s “Three-in-One” Reform in October 2015 incorporating the business license, organization code certificate and tax registration certificate into one integrated business license (one certificate with one unified code), and the updated to “Five-in-One” policy (October 2017), the “all-in-one” process now stands fully implemented as of 31 December 2017.

Prior to “Three-in-One”, the establishing of a company involved obtaining several licenses from various government bureaus via a one-by-one process. The “Five-in-One” reform integrates the five requisite certificates — […]

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Horizons unveils its China Collaborative Group—a legal services advisory designed for the Belt & Road era

In December Horizons Corporate Advisory unveiled the firm’s China Collaborative Group (CCG) as part of a four-city knowledge seminar promoting Winning Ways for Investment. CCG is a unique professional services advisory comprised of business and legal experts from China and abroad. Its mission is to assist Chinese business executives and decision-makers in achieving market advancement under the Belt and Road Initiative and other global economic trade platforms.

The Winning Ways programme brought together 17 CCG advisors representing 15 countries […]

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State Administration of Foreign Experts Affairs announces rule change for expatriates renewing work permits in China

On 7 December, the China State Administration of Foreign Experts Affairs (SAFEA) announced that from February 28, 2018, onwards, all foreigners holding a valid work permit (Z visa) will need to apply for their China work permit renewal 30 days before their current permit expires. Failing to do so will result in individuals having to begin the permit application process all over again, which means returning one’s home country to re-apply for an entirely new work permit/visa.

According to SAFEA, […]

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