Monday, October 25, 2010

Stopping Down a China REP Office without going to jail.

The absolute strangely had just arrived. I was about to write a blog about what it takes to close a business in China, but I wanted to read my emails first. In my emails was the following email, I have not changed one bit:

I was just browsing your Chinalawblog inestimable.Je source wish I found this 5 years ago!

I have a slight puzzle that I will respect your opinion on.

We are a UK based LLP with an RO in China (under the name of my girlfriend who is Chinese). ?Unfortunately, due to the recent economic crisis, we have no choice but to liquidate the UK society.

Naturally, we are choosing not to renew our contract Office but were asked to pay some fees: fees for service (as the old classic), annual tax audit and tax on rent.

What is my position on these payments if the British company ceases to exist?My girlfriend told a lawyer who told him that she will be responsible for these payments as the RO in his name.

Any advice is appreciated.

Please feel free to show this on the blog.

China REP Office closure is not terribly difficult (it is easier than the closure of a WFOE), but it should be treated properly and a failure to do so can lead to all sorts of questions for the host society and the person acting as representative appointed head, including the prison.

The first thing we typically when a REP Office closure is advise the Office of local taxes, which then performs a check closing on Bureau.Cette audit will reveal any late fees or other issues that require resolution before the dissolution of the REP Office may is produire.Le local tax office will usually want to see, at a minimum, all income Rep Office since its inception, all tax and any tax certificates of registration it exhibits will also require that you keep a local accountant to audit in turn must be approved by the local tax office to conduct tax audit.

The company is responsible for all passive remaining (taxes or otherwise) the Rep.Dans Office all cases we have handled for our customers, the Home Office has finally paid all the debts of the Rep.à Office a few occasions, we were contacted by persons detained at police office Rep unpaid debt stations, but we have never engaged in this kind of situation.Je say that because we never research if the police were really the right to take someone for a REP Office unpaid debts, but I think that the important point here is that they are doing, and unless you want to hire lawyers to recite the right chapter and verse to try to get their fate, the best thing to do is usually just to pay.

Yet again, because my company works only with companies closed their Rep Office in accordance with the law, I would like to hear from others on what can really happen when the law is not suivie.Histoires please!

This entry transmitted via the service for full-text RSS - if this is your content and you read on someone to another site, please read our FAQ page fivefilters.org/content-only/faq.php
Article five filters features: After Hiroshima - non-rapport Cancer Catastrophe of Fallujah.


View the original article here

No comments:

Post a Comment