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China Insight - Corporate

Update on Annual Report of Companies

17/12/2014

In the amended PRC Company Law, which took effect on 1 March 2014, the annual inspection requirement for companies has been replaced by an annual reporting obligation. On 7 August 2014, the Interim Regulations on Company Information Publicity (“Interim Regulations”) were published to provide details on the definition and content of the annual reporting. On 2 September 2014, the State Administration for Industry and Commerce (“SAIC”) further issued the Circular on Implementation of the Interim Regulations (“Implementation Circular”) to clarify the implementation of the annual reporting in practice.

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Source
China Insight - Corporate
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Authors

Picture of Ulrike Glueck
Dr. Ulrike Glueck
Managing Partner
Shanghai
Picture of Cyndi Cao
Cyndi Cao, LL.M.