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Insights

CW CPA Professional Insights on China and Cross-Border Business

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Registered Capital in China

Setting the right amount of registered capital for a foreign-invested enterprise in China is crucial. Too little or too much can have far-reaching consequences. This article provides guidance on how to determine your registered capital needs.

Guide to Setting Up a Foreign-Invested Enterprise in China

China is one of the most attractive markets for foreign investment in the world. The country has a large and growing economy, a skilled workforce, and a favorable investment climate. However, setting up a business in China can be complex and time-consuming. This guide provides an overview of the steps involved in setting up a foreign-invested enterprise (FIE) in China.

What is a Company Secretary in Hong Kong?

A company secretary in Hong Kong is a vital position that ensures the company complies with statutory obligations and acts as a custodian of corporate governance. Read on to learn more about the eligibility requirements, role, and responsibilities of a company secretary.

China Releases Final Version of Standard Contract Measures for Outbound Personal Information Transfers

China’s new Measures on Standard Contracts for the Export of Personal Information (Measures) come into force on June 1, 2023. The Measures provide a clear and comprehensive framework for the export of PI from China. Companies that conduct cross-border data transfers should carefully review the Measures and take steps to ensure compliance.

Guide to Maintaining the Significant Controllers Register for Your Hong Kong Company

The Companies (Amendment) Ordinance 2018 introduced new requirements on the keeping of significant controllers registers by companies in Hong Kong. This guide details the various obligations demanded by the SCR regime, the method by which your Hong Kong company’s significant controllers should be identified, and other practical steps that you should take to ensure compliance with the Amendment Ordinance.

The Healthcare Industry in the Guangdong-Hong Kong-Macao Greater Bay Area: A Growing Opportunity for Foreign Investors

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in China has a rapidly growing healthcare industry with significant potential, driven by a large and growing market, favourable government policies, and a strong focus on innovation and technology. The region's thriving biotech industry and world-class healthcare facilities offer opportunities for foreign investors in areas such as healthcare services, biotech startups, medical equipment and technology, and healthcare tourism. However, foreign investors may face challenges such as a complex regulatory environment, cultural differences, intellectual property protection, and talent acquisition. Successful examples of larger foreign investors and SMEs in the region demonstrate the potential for success in the GBA's healthcare industry.
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