© 2019 Woodburn Accountants & Advisors. All Rights Reserved. Privacy Policy

UPCOMING EVENTS & WEBINARS

Many problems in Foreign Invested Enterprises (FIEs) in China can be traced back to their initial establishment and the project’s structure. The main reason for this is that many foreign companies come into China and this new culture with high expectations and their western style of doing business, which may not always work. It is very good to come into a new market with high expectations and with these great opportunities being offered, however one should be prepared for unexpected occurrences and obstacles.  However, it is equally wrong to place blind trust in the system and accept any problem which arises and saying, “That’s China”.  Supervising and paying attention to one’s China entity can prevent many problems from arising and can alleviate any worries and fears. In this webinar session we are going to discuss how a company can avoid fraud and manage the human resource functions.

When establishing an entity in China, investors must appoint personnel in senior management positions and more importantly they must appoint a Legal Representative – an individual with broad powers and potentially unlimited liability – to operate and manage the entity. It is important to pay careful attention to the selection of people in these positions and to make sure precautionary measures are taken from the beginning of the operation to protect the company.  It is then also important for the people in these positions to understand their legal liability within the company and to place internal control systems for smooth operational purposes. In this webinar session we will discuss how risks can be reduced by clearly allocating particular powers and responsibilities to a number of company managers. This will include how you can place controls on the company chop usage, contract signing limits and finance and bank limitations.

Many foreign invested companies are unaware of the annual regulations needed to maintain their entities in China. Should these regulations not be adopted by companies, penalties may arise and ultimately closure could be foreseeable. It is important that all companies are aware and understand what these policies are. In this webinar session we are going to be looking at the annual compliance procedures and the step by step timeline and deadlines that needs to be respected.

China is emerging as a global Intellectual Property (IP) leader and enforcer. As such it is the responsibility of any business owner to register their IP in China in a timely fashion before any IP hijacker or squatter can. Before you begin your internet searches, content downloads, register a Wechat account, conduct social media networking and marketing, joining local or even foreign trade shows, local networking events or even on the ground investigations and due diligence REGISTER YOUR IP. If you do not you are openly making it easy for any local Chinese company to hijack or steal your trademark and/or patent.

Outline:

  • What is considered a trademark in China?

  • Search the Trademark Database before Filing for Registration

  • The “First-to-File” system

  • Considerations for registering your trademark

  • Trademark Hijacking

  • IP Squatters

  • Why is this important for new market entrants?

  • What should be your trademark strategy in China?

You are not ready to commit to the Chinese market, but you know there is interest for your product and/or services and you just want to get started in an easy, non-committal, minimum capital investment way. This session is going to provide you the legal in’s and out’s of marketing your product and/or services in or outside of China and the pros and cons associated with each.

 

Outline:

  • How effective is it developing a China marketing strategy from home versus in China

  • Requirements in working with WeChat

  • Requirements for registering a Chinese domain name

  • Requirements for having your own website hosted in or outside of China

  • Difference between an ICP License and an ICP Filing

  • Requirements in working with the Ecommerce Platforms

  • China’s New E-commerce law coming into effect January 1st 2019

For many international companies, being multinational cooperation’s or SME-sized enterprises, China as a sales market gives a great potential. The more specialist or precision production is moved from international markets to China, the more production plants are built, and, companies who would typically supply high end production companies in their home countries are forced to move with them to China. There are various sales structures available to companies entering the China market. The individual options vary in terms of investment, risk, commitment, control and time frames.
 

Outline:

  • How effective is it developing a China distribution strategy from home versus directly in China

  • What are the advantages of outsourcing the sales to distributors or agents and the protection methods?

  • What do I need to take into consideration when I go on my own? What are the regulations on product recall, advertising, parallel imports, consumer protection, data recall, etc?

The eCommerce landscape has changed rapidly over the years. With an increase in e-commerce activity, consumer complaints and speculations of unfair competition on the rise, it is only natural that the Chinese government has taken notice. For a foreign company seeking to start a business in China, it is crucial to closely examine the fast-changing landscape. In this webinar we will be looking at the following topics:
 

For foreign invested companies, China is one of the most significant markets for expansion. But Chinese authorities are more likely to cast a critical eye on the activities of foreign-owned enterprises, making compliance with local labor and employment requirements crucial. In this webinar session, we look at nine critical issues in Chinese labor and employment law to help foreign companies better understand the unique features of the largest labor market in the world.

China’s work permit system has become more streamlined, doing away with inconsistent regional administration, and allows for employers to submit applications online. The system has a three-tier talent grading system for foreigners, the benefits of which are less clear. While A-grade foreigners enjoy some additional advantages, those falling in Tier B and Tier C may face tougher entry requirements, lower permit validity and longer waiting times than before. In this webinar session we aim to clarify who is placed under the system and the implications of the classifications.

China's amended Individual Income Tax (IIT) Law became effective on 1 January, 2019. In view of the significant impacts of the tax reforms on both enterprises and individuals working in China, this webinar session will discuss the amendments, their broad impact, the challenges faced by individual taxpayers as well as enterprises and how individuals and companies can make accurate tax calculations. It will also guide new market entrants to understand how to create salary compensation packages.

Under PRC law, employers are required to pay social premiums for employees. The social insurance premiums cover basic endowment, medical, employment-related injury, unemployment and maternity insurance. Non-compliance with these requirements can result in administrative penalties, claims by employees and other measures taken by government authorities, and cause significant reputational damage. In this webinar session we will be looking at each of the social insurance premiums and the benefits to the employees. We will be taking the example of Shanghai to show how social insurance premiums are calculated.

Please reload

There are no items in this list

Please reload