Article 83 of 2023 New China Company Law stipulates that if a LLC is small or the number of shareholders is small, the LLC may not have supervisor with the consent of all shareholders.
And, article 69 of the new Company Law stipulates that a LLC may set up an Audit Committee inside the Board of Directors in accordance with the provisions of the Articles of Association to exercise the powers of the Board of Supervisors.
Provide FREE company address for company registration in Shanghai China
Until Dec. 31, 2027,China enterprise income tax is only 5% on Small low-profit enterprises.
Help clients prevent employment disputes, from background check, draft employment contract, Develop employee handbook
iChinabiz mainly engaged in providing corporate and commercial legal services, such as China company registration, accounting & tax, trademark, labor and employment, litigation and arbitration services.