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The key takeaways for the previous 5 webinars

With the unpredicted outbreak of Covid-19 epidemic which strongly impacting all industry in China, business operations in China have been hit to varying degrees, to cope with the challenges by the Covid-19 in different area, BritCham Guangdong organised series of business-savvy webinars in February and March to help our members managing and dealing issues on employment management, contract performance, tax policy, impact and risk faced by enterprises and the Corporate Social Credit System. Here we brought with you the review and some key takeaways.


Employment Management

during the Epidemic Period

27th Feb.



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Key Takeaways:


1. Staff management focuses on the payment, negotiation with employee to adjust the salary and negotiation with employee to work to minimize the cost etc.

2. Termination of contract in different situation during the epidemic between normal employees and confirmed/suspected/quarantined employees.

3. Overall suggestions on the employment management such as closely monitoring the updated government policies,actively considering the flexible arrangement with the employees etc.


*PPT is available for registered attendees. Please contact us with your registration information via echo.ji@britchamgd.com


How to perform the Contract

during the Epidemic Period

28th Feb.



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Key Takeaways:


1. Review the relevant clause.

2. Notice to the relevant Parties.

3. Request the government agency or qualified institution to issue a force majeure certificate.


*PPT is available for registered attendees. Please contact us with your registration information via echo.ji@britchamgd.com

疫情下的税收新政解读

Tax Policy Interpretation

during Covid-19 Outbreak

5th March



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Key Takeaways:


1. Corporate tax (except Hubei province) declaration could be postponed to 23rd March.

2. VAT and Business Income Tax regulation vary on material support manufacturing, transportation service, public transport service & daily life service.

3. Tax policy for small and micro-sized enterprises included small-scale taxpayers could enjoy tax rate reduction, individual business could enjoy social insurance exemptions and reductions, encouraging financial institution to increase low-interest loans etc.


*PPT and video are available for registered attendees. Please contact us with your registration information via echo.ji@britchamgd.com


What does Covid-19 Mean

for Your Business?

Understanding the

longer-term implications

11th March



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Key Takeaways:


1. Economic damage in China done in February as slow resumption of economic activity in general that China GDP growth forecast at 4.8% in 2020.

2. Key risks faced by enterprise.

3. The recovery process suggested are: set your objectives, think about question around the external environment, think about questions around the internal environment, update your risk register.


*PPT is available for registered attendees. Please contact us with your registration information via echo.ji@britchamgd.com 


China’s Corporate Social Credit System 

What Businesses need to know

12th March



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Key Takeaways:


1. China’s Corporate Social Credit system, the biggest upcoming changes in compliance in China change from direct market access restriction for companies to automated influence on market participation for all companies and started already.

2. SCS will have an enormous impact on companies who run afoul of the scoring metrics, but it may also help those with good scores access certain advantages.

3. To ensure that your company is not negatively impacted by the introduction of the Corporate SCS, it is imperative to prepare for its implementation.


*PPT and video are available for registered attendees. Please contact us with your registration information via echo.ji@britchamgd.com


BritCham Guangdong will soon introduce Business Savvy Series, a series of smaller and practical workshops, providing practical know-how on “How to Start a Company”, “How to Operate a Company” and “How to Grow a Company” – the real nuts & bolts of operating a business to assist you in joining the dots with the wider business communities. Stay tuned for more BritCham Guangdong events.



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+86 181 2429 3591


Email: communications@britchamsouthchina.org

Office:

2201B, International Finance Centre, No.5 Zhujiang West Road, Guangzhou, PRC

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