On May 29th 2022, the Shanghai Municipal Government announced various measures（“measures”） to revive growth and stimulate the economy impacted by the lockdown restrictions, lifted on the 1st June. The key measures are summarized below.

Following lockdown and the difficulties caused by the disruption of normal working conditions, Shanghai will further carry out the pilot program of fully digital electronic invoices from May 23rd, 2022, for certain taxpayers and taxpayers who use the e-invoice service platform...

As the detailed requirements of company deregistration vary in different areas, we hereby provide you with an overview of the procedures of company deregistration for reference if you wish to cease business operations and close your company.