{"id":7158,"date":"2018-04-24T12:11:57","date_gmt":"2018-04-24T10:11:57","guid":{"rendered":"https:\/\/www.lpalaw.com\/?p=7158"},"modified":"2019-05-02T19:09:14","modified_gmt":"2019-05-02T17:09:14","slug":"smart-news-china-corporate-secretary-compliance-2017","status":"publish","type":"post","link":"https:\/\/www.lpalaw.com\/en\/smart-news-china-corporate-secretary-compliance-2017\/","title":{"rendered":"[Smart News] China Corporate Secretary Compliance 2017"},"content":{"rendered":"<p>The deadline for business entities to file their annual audit reports with the Chinese authorities is fast approaching. In fact tax clearance shall be performed before May 31st and annual reporting to AIC shall be conducted by June 30st. In China, there is no obligation to appoint a corporate secretary. However, it is mandatory to keep records of the shareholders and\/or board decisions. Keeping accurate and timely legal records is indeed essential for companies\u2019 transparency and efficient administration even for wholly owned foreign enterprise with a sole shareholder. Moreover, it is highly recommended to appoint an external corporate secretary, especially in case of frequent management turnover or if you intend to be part of M&amp;A transaction.<br \/>\nYou will find below the key points of corporate compliance requirements:<\/p>\n<ul>\n<li>FREQUENCY OF THE MEETING OF SHAREHOLDERS AND THE BOARD OF DIRECTORS<\/li>\n<li>WFOE SHAREHOLDERS\u2019 MEETING<\/li>\n<li>SPECIAL PROVISIONS FOR SINGLE SHAREHOLDER\u2019S WFOE<\/li>\n<li>BOARD OF DIRECTORS\u2019 MEETING (FOR WFOE AND JV)<\/li>\n<\/ul>\n<p>To read all the smart news\u00a0<a href=\"https:\/\/www.lpalaw.com\/wp-content\/uploads\/2018\/04\/LPA-CGR-Smart-News-3-CHINA-April-2017.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">click here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The deadline for business entities to file their annual audit reports with the Chinese authorities is fast approaching. In fact tax clearance shall be performed before May 31st and annual reporting to AIC shall be conducted by June 30st. In China, there is no obligation to appoint a corporate secretary. However, it is mandatory to [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[122],"tags":[],"class_list":["post-7158","post","type-post","status-publish","format-standard","hentry","category-newsletter-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>[Smart News] China Corporate Secretary Compliance 2017 - Business Lawyers | LPA Law Avocats<\/title>\n<meta name=\"description\" content=\"The deadline for business entities to file their annual audit reports with the Chinese authorities is fast approaching. In fact tax clearance shall be\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lpalaw.com\/en\/smart-news-china-corporate-secretary-compliance-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"[Smart News] China Corporate Secretary Compliance 2017\" \/>\n<meta property=\"og:description\" content=\"The deadline for business entities to file their annual audit reports with the Chinese authorities is fast approaching. In fact tax clearance shall be\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lpalaw.com\/en\/smart-news-china-corporate-secretary-compliance-2017\/\" \/>\n<meta property=\"og:site_name\" content=\"Business Lawyers | LPA Law Avocats\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-24T10:11:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-02T17:09:14+00:00\" \/>\n<meta name=\"author\" content=\"Eva Komar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@lpalaw\" \/>\n<meta name=\"twitter:site\" content=\"@lpalaw\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Eva Komar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lpalaw.com\\\/en\\\/smart-news-china-corporate-secretary-compliance-2017\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lpalaw.com\\\/en\\\/smart-news-china-corporate-secretary-compliance-2017\\\/\"},\"author\":{\"name\":\"Eva Komar\",\"@id\":\"https:\\\/\\\/www.lpalaw.com\\\/#\\\/schema\\\/person\\\/67509c7daf80ae841b9c4df2150e8931\"},\"headline\":\"[Smart News] China Corporate Secretary Compliance 2017\",\"datePublished\":\"2018-04-24T10:11:57+00:00\",\"dateModified\":\"2019-05-02T17:09:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.lpalaw.com\\\/en\\\/smart-news-china-corporate-secretary-compliance-2017\\\/\"},\"wordCount\":173,\"publisher\":{\"@id\":\"https:\\\/\\\/www.lpalaw.com\\\/#organization\"},\"articleSection\":[\"Newsletter\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lpalaw.com\\\/en\\\/smart-news-china-corporate-secretary-compliance-2017\\\/\",\"url\":\"https:\\\/\\\/www.lpalaw.com\\\/en\\\/smart-news-china-corporate-secretary-compliance-2017\\\/\",\"name\":\"[Smart News] China Corporate Secretary Compliance 2017 - Business Lawyers | LPA Law Avocats\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lpalaw.com\\\/#website\"},\"datePublished\":\"2018-04-24T10:11:57+00:00\",\"dateModified\":\"2019-05-02T17:09:14+00:00\",\"description\":\"The deadline for business entities to file their annual audit reports with the Chinese authorities is fast approaching. 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