Legal & Regulatory

Complying with New Registered Capital Rules under China’s Revised Company Law

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Companies established before the new company law took effect on July 1, 2024, should note the timeline to adapt to the new registered capital rules in China.

China Issues Judicial Interpretations on the New Company Law’s Applicability and Retrospective Effect

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The final version of the 2023 China Company Law came into effect July 1, 2024 and the Supreme People’s Court has issued judicial interpretations regarding the application and effectiveness of the Company Law. While adhering to the principle that laws do not apply retroactively, the Interpretations clarify situations where provisions of the New Company Law take precedence.

China’s Revised Company Law in Effect from July 1, 2024: Key Details Here

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The revised Company Law includes major changes to company capital rules, corporate governance structures, shareholder rights, and liquidation procedures.

China Issues New Fair Competition Review Regulations in Effort to Improve the Business Environment

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The new rules prohibit local governments from including content that could favor or discriminate against certain companies when drafting legislation and policy measures.

China Releases ESG Reporting Standards for Businesses

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China has released new ESG Reporting Standards, aiming for a mandatory, ISSB-aligned system by 2030, with key standards introduced by 2027.

New Data Security Risk Assessment Rules for Industry and Information Technology Sectors

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New trial rules clarify data security risk assessments requirements for companies processing core and important data in the industrial and IT fields.

China’s New Company Law: Considerations for Foreign Stakeholders and FIEs

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The New Company Law brings substantial changes with implications for new and existing foreign invested enterprises and stakeholders in China. Foreign investors must assess if adjustments to existing structures or new business negotiations are necessary.

China’s Enhanced Beneficiary Owner Filing System: Key Points of New Measures

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China’s new beneficiary owner filing measures require business entities, except individually owned businesses, to submit their beneficiary owner information starting November 1, 2024, with a one-year grace period available for entities registered before that date.

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