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Appointment of a China Supervisor

What is the role of a Supervisor in China?

In China, a supervisor typically refers to an oversight role within a company's corporate governance structure. The supervisor's primary responsibility is to monitor and supervise the actions of the company's executives, directors, and officers to ensure compliance with laws, regulations, and the company's internal policies.

Chinese company law mandates the appointment of supervisors in Chinese companies to enhance corporate governance and protect the interests of shareholders. Unlike directors who are involved in the day-to-day management of the company, supervisors focus on overseeing the management's conduct and decisions.

Small companies can opt not to have supervisors according to the Company Law to be executed on July 1st, 2024. Companies with 300 or more employees should include employee's representatives on the board of directors or in the board of Supervisors.

Key responsibilities of a Supervisor in China may include:
 

  • attending board meetings

  • reviewing financial statements

  • ensuring compliance with legal and regulatory requirements

  • safeguarding the interests of shareholders.
     

Supervisors in China may act as a check and balance to prevent misuse of power or other unethical practices within the company.

It's important to note that the specific duties and powers of a China supervisor can vary depending on the company's articles of association and relevant regulations. Companies may appoint either an individual supervisor or a board of supervisors, and these individuals are elected by the shareholders.

How can Woodburn help you? 

Woodburn Accountants & Advisors offers supervisory services in China, which include:
 

  • participating in shareholder meetings

  • either acting as the full outsourced provider for accounting, tax, payroll and corporate governance

  • or conducting monthly / quarterly reviews of financial accounts and internal control systems,

  • overseeing the responsibilities and behavior of directors and senior officers

We commit to delivering timely reports to shareholders, highlighting any potential risks or instances of non-compliance that could adversely affect the company's interests.

Ensure robust oversight by appointing your China Supervisor with Woodburn. Get your controls in place today!

Schedule a 30-mins complimentary, no-obligation call to see how Woodburn can help you. Book a call with our Head of Business Advisory - Kristina Koehler-Coluccia.

Topics we can advise on include:

  • The role of a Supervisor in China

  • The advantages of having a Supervisor in your China business

  • Woodburn's advantage as your outsourced Supervisor

  • Our Supervisor service fees

  • And the next steps 

 

Our calls are automatically scheduled via Zoom - or via Teams, WeChat or WhatsApp upon direct request. 

Our advisory calls are available from Monday-Friday from 8am to 5pm CEST and Wednesday until 9pm CEST.

How to get started with Woodburn

Streamline your business operations and eliminate stress by outsourcing a trusted China Supervisor. Get started today!

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