Quarterly Research 1

Data & Cybersecurity Compliance in China

Quarterly Research 1

Data & Cybersecurity in China

Data & Cybersecurity compliance in China
 

The rise of digitization and the commodification of big data have changed the business world and will redefine sustainable business models in the 21st century. China’s leapfrog development plans have allowed them to become a leader in technology, blockchain, artificial intelligence, and 5G. As China continues to make progress the rest of the world is observing their strides.

The China’s Government has made it clear that data and cybersecurity regulation will be a focus of policy makers. Over the past two years regulations and industry guidelines have been sharpened. In an exercise to promote the standardization of cybersecurity and data practices throughout mainland China, a Cybersecurity Law (CSL) was released in 2017.

The legislation has an increased focus on user data rights, personal information protection, and responsible data practices. Furthermore, it is expected that further regulations will be released to provide a clearer standard across industries.

The various guidelines and assessments released impact any business that must collect and store data. In order to remain compliant under China’s evolving guidelines and regulations, it is important that businesses assess their own data practices and make sure they are following the “best practices” as defined locally. This report will highlight the regulation changes and provide SME specific recommendations for how best to evaluate your business model moving forward.

The rise of digitization and the commodification of big data have changed the business world and will redefine sustainable business models in the 21st century. China’s leapfrog development plans have allowed them to become a leader in technology, blockchain, artificial intelligence, and 5G. As China continues to make progress the rest of the world is observing their strides.

The China’s Government has made it clear that data and cybersecurity regulation will be a focus of policy makers. Over the past two years regulations and industry guidelines have been sharpened. In an exercise to promote the standardization of cybersecurity and data practices throughout mainland China, a Cybersecurity Law (CSL) was released in 2017.

The legislation has an increased focus on user data rights, personal information protection, and responsible data practices. Furthermore, it is expected that further regulations will be released to provide a clearer standard across industries.

The various guidelines and assessments released impact any business that must collect and store data. In order to remain compliant under China’s evolving guidelines and regulations, it is important that businesses assess their own data practices and make sure they are following the “best practices” as defined locally. This report will highlight the regulation changes and provide SME specific recommendations for how best to evaluate your business model moving forward.

1421 Consulting Group has truly gone above and beyond in helping us prepare for and move through the Chinese WFOE registration challenges. They even set us up with a new office within 3 days when we suddenly needed to change location. Experience, clear communication and local relations are key with this. Luckily for us, 1421 provided all of these.

MICROFAN

We had a great experience in working together with 1421. We would definitely reach out to them again when we would organise a studytrip in China.
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DORRIT GRUITERS – FOUNDER – COINCIDE

1421 Consulting Group, a professional, practical and hands-on consultancy company, with focus and knowledge about China. They are able to transform a question and possible treat into an answer and opportunity.

UNITED SELECTION

1421 Consulting Group did the right proposal and did the job adequately and on time. Just as I hoped for.

FRED SENGERS – OWNER – BLOGAAP

1421 offers the ideal package of services to start of your business. They work with you and assist with any difference between China and EU business.

ADMESY

1421 has good knowledge of the situation and financial obligations for an organisation to operate in China and manages our financial matters promptly and correctly.

SOPHIE PUNTE – EXECUTIVE DIRECTOR – SMART FREIGHT CENTRE

1421 Consulting has supported us with legal advise, payrolling and general support. We are very satisfied with their commitment to China in general and their indepth analysis of the local circumstances. Keep up the good work!

MAARTEN VERBRUGGEN – DIRECTOR BUSINESS DEVELOPMENT – VERBRUGGEN PALLETIZING SOLUTIONS

1421 Consulting group helped us with the setup of our structure in China. After the set up was complete, they supported us with the accounting and admin service. Therefore we as a company got a clear understanding of how the rules and regulations work for Western owned companies. We are pleased to have learned that 1421 is able to react fast to developments concerning our company.

MAARTEN MES, MANAGING DIRECTOR – ONE2MANY

Othmar Decorations recently opened up our own WFOE in China for our purchases from China. This raised many questions regarding different taxation structures. 1421 Consulting provided us with a solid analysis of all possible scenarios and helped us to find the most beneficial solution for all our entities involved.

TOM GROENEVELD, CHINA MANAGER – OTHMAR DECORATIONS

1421 Consulting Group helped us to successfully register our company in Shenzhen. This was done professionally and we decided to continue with 1421. They currently assist us with our accounting, hosting our employees and managing some of our activities.

COS VRINS, CEO – RIDAM

1421 Consulting Group has assisted us in a professional but personal manner with our business in China. We were very pleased with their services.

HUUB VAN DE PAS, DIRECTOR CHINA – SAGER + MACK

For us, as We4Ce, it is very important to know as much as possible about our market segment and its clients in China. To achieve this goal, we hired 1421 Consulting Group to map the market and find potential clients. We are really happy with the results of the work 1421 delivered and will absolutely continue our relationship to a deeper level, including research and guidance of We4Ce to customers.

ARNOLD C. TIMMER, DIRECTOR – WE4CE B.V.

FlowerForce is operational in the Chinese market since 2013. for a Dutch company it is very difficult to know all the rules, and the do’s and don’ts for this market. 1421 consulting group offers a wide range of possibilities to help foreign companies to achieve their goals. due to their pay-roll system we are able to have our own Chinese employees in China.

SANDER VAN VELDHOVEN, DIRECTOR SALES & MARKETING – FLOWER FORCE

1421 Consulting group, Peter Pronk and his team, we experienced as friendly and helpful to find our way in this special land China. We, Alberts & Van Huut International Architects from Amsterdam, are very grateful for the mediation of 1421 to our clients with positive results. With their ‘know-how’ of the Chinese culture they learned us to make good contracts with our clients. It was a fulfilling cooperation, as well for the future.

MAX VAN HUUT, ARCHITECT-DIRECTOR – ALBERTS EN VAN HUUT

As this was our first endeavour outside of Canada and without ever even having been to China before, we were naturally apprehensive and didn’t have a budget that would allow for us to learn from our mistakes.  1421 is certainly qualified and experienced with the ins and outs of the Chinese business culture.  Although we are a relatively small company, we felt like their only client; they were genuinely interested in helping us and building a long term relationship.  While we really have just begun our dealings, we feel confident to have 1421 on our team as we move forward.

STEVEN MINKEN, DIRECTOR OF MARKETING – SPEC MACHINE & SUPPLY

Outside of their regular service, 1421 always tries to help us out with additional small and big questions we have. They are approachable, informal and always quick to reply.

CÉLINE LAMÉE, CREATIVE DIRECTOR – LAVA BEIJING

1421 Consulting Group is assisting Holland Container Innovations (HCI) with pay rolling services in Shenzhen, China. We found 1421 when HCI was looking to hire Chinese staff. 1421 looked at our needs and presented us a with a comparison between setting up our own entity or the use of their pay rolling service. They subsequently advised us to choose the pay rolling service at this time, which for us is the cheapest and easiest way to meet our needs, saving HCI the time and cost involved with registering a WOFE.

PETER BROUWER, OPERATIONS DIRECTOR – HOLLAND CONTAINER INNOVATIONS

Reliable, knowledge, insight, speed of action, interaction, a promise is a promise, relevant feedback and work with an experienced Group Office employees are the key words that belong to 1421 Consulting Group. We had a difficult task, for 1421 Consulting Group, but the implementation is to full satisfaction with clear analyses, good workable and clear opinions.

HENNY FAKKEL, GENERAL MANAGER – EUROBAKERY

For us, a relative new comer in the Chinese market, it is very efficient to cooperate with 1421 Consulting Group, they know the rules, the do’s and don’ts and they know their way around. This saves us a lot of time so we can keep our focus on the business. Peter and his team set up the Ltd. For us in Wuxi. They have a kind of a turn key approach. The planning is to be operational within 4 month.

JOEP DE JONG, INTERNATIONAL BUSINESS MANAGER – ELMA

1421 Consulting Group and EWT have a long term relationship and we trust their knowledge and professional attitude for our business in China. On the field of Consultancy and Quality Management they are our partner!

RENGER IDEMA, CFO – EWT

We got in contact with 1421 Consulting Group and requested at short notice a Quality Check of the products we purchase in China before shipment. 1421 did this according our specifications and we were satisfied with the result and the cost.

MARC HULSEBOS, CFO – H.B. GASKACHELS V.O.F.

1421 Consulting Group is assisting our law firm in registering a representative office and WOFE in Beijing. With their experience in this field they have been able to provide a very clear plan and have been a great help in guiding our preparation for the registration process. We are also glad to be able to use their office facilitating services to house our operations during this period.

PAOLO BECONCINI, MANAGING PARTNER – CBM INTERNATIONAL LAWYER LLP

Kabor b.v. is happy to have found 1421 Consulting Group to support us in China, 1421 is performing regular quality checks at our manufactures to guarantee the products meet the agreed and requested requirements before loading. Besides these checks 1421 assists Kabor b.v. by sourcing new suppliers.

PETER VAN DEN BERG, CEO – KABOR B.V.

1421 Consulting Group has been an invaluable partner in the start-up phase of my elder care project, to an extent where Nightingale would not have become a reality without the ongoing help and expertise from 1421. They have provided guidance, drive and expertise throughout the process of starting up a new company in a relatively new area in China.

ANNE-MARIE BUCH, OWNER AND CEO – NIGHTINGALE CARE HK LTD.

As a starting entrepreneur, both in general and in China, the people at 1421 Consulting Group have gone above and beyond to help me with all my questions and future situations to come. If all goes well, and with their help I feel more confident that it will, I look forward to a long and lasting future of doing business together.

MR. JACCO HANDGRAAF, FOUNDER – BRANTWERCK B.V.

1421 Consulting Group gave us a very well founded analysis of the Chinese market. Furthermore, the company continues helping us to generate business in this important Sales Region and we’re very happy to work with such a competent partner.

ALEXANDER GIEBEL, CEO – PJUR GROUP LUXEMBOURG S.A.