What are the financial compliance aspects of overseas listing?

1. Financial audit and report. Overseas listed companies are required to conduct annual financial audits, analyze various financial indicators and prepare sound financial reports in accordance with the requirements and relevant regulations of the local securities and exchange commission and financial regulatory agencies.

2. Tax planning and tax compliance. Overseas listed companies need to understand local tax laws, abide by relevant tax policies, avoid tax evasion, tax evasion and other illegal acts, and also need to carry out tax planning and optimization to reduce tax burden and tax risks.

3. Compliance risk management. Overseas listed companies shall establish and improve the legal compliance management system, reduce compliance risks by improving internal control and strengthening early warning, prevention and response to compliance risks, and avoid being punished or lost due to illegal business practices.

4. Board governance. Overseas listed companies should establish a strong board of directors, attach importance to the supervision and management of related risks, ensure the company's standardized operation, strengthen internal control and improve corporate governance.

In a word, the financial compliance of overseas listing is a complicated process. Companies need to understand local laws and regulations, tax policies, financial supervision regulations, etc. And establish a sound internal management system, improve legal compliance risk awareness and analytical ability, so that the company can develop healthily and operate stably for a long time.