The National People’s Congress Standing Committee (NPCSC) passed a significantly revised version of the Company Law on 29th December 2023, which will enter into force on 1st July 2024. This timing coincides closely with the expiration of a five-year grace period for foreign-invested companies to adjust to China’s Company Law by the beginning of 2025. This grace period began when the Foreign Investment Law (FIL) came into force on 1st January 2020.

The revised Company Law presents several new requirements for businesses, including updates to capital contribution rules for limited liability companies (LLCs), new diligence requirements for management and supervisors, and the requirement of an employee representative on boards of directors of some companies. It also includes new options for companies, such as the ability of companies with a small number of shareholders or a small scale of business to have no supervisor, the option for an audit committee in lieu of a supervisory board or individual supervisors for LLCs and greater freedom to choose which personnel can serve as legal representative.

During this seminar, participants will gain valuable insights as the experts delve into the intricacies of the New Company Law, offering expertise on the challenges faced by foreign-invested companies in China, with focus on limited liability companies. The discussion will focus on common issues and specific challenges encountered by foreign companies operating in China.

• 2024-03-21 | 15:00 - 16:15
• Universe Meeting Room, 6F, DB Schenker Technology Solution Center (Nanjing)

European Chamber Nanjing Chapter is delighted to invite you to the Exclusive Conversation with Scott Kennedy of CSIS as we explore the dynamic landscape of EU-China-US relations.

• 2024-03-15 | 09:30 - 11:00
• Carnelian Room, 8F, Sofitel Nanjing Galaxy 索菲特银河南京苏宁酒店，8楼 玛瑙厅

China's ESG regulations have developed significantly in recent years setting mandatory framework for certain industries. With the revised Company Law stipulating that companies, when doing business, shall “fully consider” the interests of their employees as well as environmental protection, and are encouraged to publish social responsibility reports, it becomes clear that companies need to ensure their compliance also in the ESG area. The developing ESG legal framework makes it difficult for companies to maintain a detailed and comprehensive overview.

• 2024-03-12 | 08:30 - 10:30
• 7F, VIP room, Sofitel Nanjing Galaxy Suning 索菲特苏宁银河大酒店7层自助餐厅VIP Room

As we reflect on the passing of 2023, companies are encouraged to proactively assess transactions that unfolded throughout the year and their implications on the 2023 tax provision, along with associated compliance requirements. Additionally, strategic considerations are essential to facilitate efficient tax planning for the upcoming year, 2024.

• 2024-01-25 | 16:00 - 17:30
• Go to Webinar

In the current complex and changeable economic environment, the execution results of the transfer pricing of the inter-group affiliated transactions of multinational enterprises are likely to deviate from the expected goals, resulting in the profit and loss level of the affiliated transactions being lower than expected or the retention of excess profits. In order to deal with the adverse effects of these deviations and effectively manage the potential tax risks, multinational enterprises can manage the annual execution results of transfer pricing between related enterprises through the year-end adjustment of transfer pricing. The European Chamber Nanjing Chapter invited KPMG expert team to exchange and share the latest development and practice of transfer pricing adjustment at the end of the year.
在当前复杂多变的经济环境下，跨国企业在集团内部关联交易转让定价方面的执行结果很可能与预期目标出现偏离，导致其在关联交易中所取得的损益水平不及预期或者留存了超额利润。为了应对这些偏差所带来的不利影响并有效管理潜在的税务风险，跨国企业可以通过转让定价年末调整来管理关联企业之间转让定价的年度执行结果。欧盟商会南京分会特邀KPMG专家团队为企业带来转让定价年末调整最新发展和实践的交流分享。

• 2024-01-22 | 15:30 - 17:00
• KPMG Nanjing Office

How to face the potential large-scale outbreaks?

• 2022-12-15 | 16:00 - 17:30
• Zoom

GAMI officially represents Karlsruhe Institute of Technology (KIT) and serves as TRENT project office in China. In this series, we share latest insights and solutions in the field of sustainability and environmental technology. Two experts from Karlsruhe Institute of Technology (KIT) give insights on solutions in the field of environmental technology and sustainability.

• 2022-11-21 | 16:00 - 17:00
• zoom online

Life Cycle Assessment (LCA) is a methodological tool used to assess the environmental impacts related to all stages of the product life cycle, including the whole process from raw material acquisition, production, use, recycling to product final disposal (i.e. "cradle to grave"). It can help individuals, businesses, organizations or governments make internal decisions and provide the basis for a wide range of policy making.
Life Cycle Assessment, 生命周期评价（简称LCA）是一种方法工具，用于评估产品生命周期的所有阶段相关的环境影响，包括从原材料获取、生产、使用、回收到产品最终处置的全过程（即“从摇篮到坟墓”）。它可以帮助个人、企业、组织或政府进行内部决策，为广泛的政策制定提供依据。

• 2022-11-03 | 14:00 - 16:00
• zoom online

Two experts from Karlsruhe Institute of Technology (KIT) give insights how the production of the future can be designed more economical and sustainable.

• 2022-10-27 | 16:00 - 17:00
• ZOOM

The United Nations Sustainable Development Goals (SDGs) defined the global vision and priorities for sustainable development by 2030 which aims to achieve a series of common goals with united effort from the whole world. The United Nations Member States unanimously adopted the Sustainable Development Goal 17, making it a global agenda for sustainable development.
As China increases its efforts to reduce emissions and transition to a green economy, improving ESG compliance, sustainability and green compliance technology will become even more important for companies operating in China.
So, how to understand ESG? What impact does it have on the market and the development of companies? Now that the dual-carbon and green sustainable development strategy are on the fast track, how should companies practice ESG and write good social responsibility reports?

• 2022-10-18 | 15:30 - 16:30
• GoTo Webinar