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

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

Cost management remains a prominent concern for foreign businesses operating in China in 2023, especially for manufacturers and SMEs facing economic uncertainties and tax-related challenges.
In today's rapidly changing business landscape, effective risk management directly translates into costs. To enhance business resilience, companies must adhere to several key components and tactical approaches for cost management in China.
In this seminar, the European Chamber Nanjing Chapter is pleased to invite Shirley Chu, Manager with Tax Advisory Service team and Simon Laube, Assistant Manager with the International Business Advisory team, at Dezan Shira & Associates, to share valuable insights on cost control solutions from tax, HR, and business perspectives, with a particular focus on China-specific tax avoidance arrangements and workforce optimization.

• 2023-11-28 | 15:00 - 16:30
• Pacific Restaurant

The European Chamber Nanjing Chapter sincerely invite you to the seminar Managing ESG in China: new compliance trends and IP considerations on October 19.

• 2023-10-19 | 16:30 - 18:00
• BASF Digital Hub Nanjing / Online via Zoom

The European Chamber Nanjing Chapter sincerely invite you to the visit to Diehl Controls (Nanjing) Co., Ltd on September 26.
中国欧盟商会南京分会诚挚邀请您参加代傲电子控制（南京）有限公司工厂参观。

• 2023-09-26 | 09:30 - 11:30
• Diehl Controls (Nanjing) Co.; Ltd

The European Chamber Nanjing Chapter is delighted to invite the experts from D’Andrea&Partners Legal Counsel and PHC Advisory, both companies of DP Group, to share their expertise on hot topics and challenges faced by enterprises in employee’s management. They will introduce the most up-to-date practices in corporate employee management and internal risk control, as well as discuss common issues and specific problems confronted by foreign companies operating in China in terms of employee management.
中国欧盟商会南京分会邀请来自DP集团旗下意大利德恩瑞律师事务所和普咨锐家财税咨询的专家，结合经济重启背景下社会热点话题，就企业用工管理的热点与难点为会员企业带来解读与分享。讲师将介绍企业在用工管理和内部风险控制中的最新实践经验，并针对外企在中国用工管理的共性与个案问题和与会者进行深入探讨。

• 2023-08-31 | 14:25 - 16:00
• Universe Meeting Room, 6F, DB Schenker Technology Solution Center (Nanjing) 

After a rapid exit from the zero-COVID policy, there is a lot happening across the country’s economic and tax landscape. We could start to see a return to robust consumer spending, driving a return to slow-but-steady domestic growth in key markets. Meanwhile, the continuous expansion and opening of China's capital market have provided a range of innovative new investment channels and opened potential M&A opportunities. Of course, the new opportunities bring fresh international taxation challenges. There are several key dimensions to the current changes in the economy and trade and investment climate that are impacting China’s tax and regulatory policies and enforcement approaches. The European Chamber Nanjing Chapter is pleased to invite KPMG China to share insights on China’s latest supply chain trends and recent hot spots in international taxation in the following topics.

• 2023-08-25 | 08:30 - 10:00
• 7F, VIP room, Kwee Zeen, Sofitel Nanjing Galaxy Suning 索菲特苏宁银河大酒店7层锦厨自助餐厅VIP Room

Explore the Challenges of the Chinese Power Sector in 2023 with the European Chamber and Changzhou International Managers Forum!

• 2023-08-22 | 17:30 - 20:00
• Sheraton Changzhou Xinbei Hotel