《中华人民共和国公司法(2023年修订)》于2023年12月29日修订通过,引起国内外法学家和企业家的广泛关注和讨论。中伦律师事务所联合韩国首尔大学共同举办"Highlights of 2023 Revision to Company Law of China"韩文专场研讨会,就新《公司法...
On December 29, 2023, the Standing Committee of the National People's Congress of the People's Republic of China promulgated the amended Company Law of the People's Republic of China ("PRC" or "China") (the "2023 Company Law"), after its deliberation of four versions of draft amendments...
1. Overview of the 2024 China Company Law Approved on December 29, 2023, the sixth amendment tothe China Company Lawis now in force sinceJuly 1, 2024. This Law is the reference text also governing foreign investment and shareholdings in China. It impacts all companies in the PRC and introd...
On December 29, 2023, China’s legislature passed a vastly revisedCompany Law, which will take effect on July 1, 2024. It is the most comprehensive revision of theCompany Lawsince the 2005 revision following China’s accession to the ...
The revised Company Law includes, among other things: 2023年12月29日,中国颁布了新修订的《中华人民共和国公司法》(下称《公司法》)。修订后的《公司法》包含 266 个条款,其中许多方面都进行了重大调整,并将于2024年7月1日起施行。另外,值得注意的是,在2024年12月31日前,外资企业必须调整其组织形式以及...
The newly revised Company Law of the People's Republic of China, officially enacted by the 14th National People's Congress Standing Committee on December 29, 2023, will take effect from July 1, 2024. This comprehensive overhaul represents a significant milestone in China's corporate governance lan...
On 29 December 2023, China passed a reform of its Company Law . After a legislative process lasting several years, the comprehensively revised law will come into force on 1 July 2024.
CCBC organized a member event dedicated to the tax implications of the P.R.C Company Law 2023 Revision in partnership withBank of CommunicationsandAcadia Advisory Groupon July 10, 2024. Member organizations, includingCirque du Soleil, Linamar,andCanfor, joined the s...
Certain exemptions or reductions can reduce CIT payable in China. Below are the statutory and additional deductions available under Chinese law that could lower a company’s CIT burden. Statutory Deductions CategoryDeduction Details Employee BenefitsContributions to basic pension insurance, basic medical in...
LightWAN Technology is recognized as a leading provider of fast and secure virtual network services. According to esteemed industry analysts such as IDC, LightWAN Technology held the top market share in China's SD-WAN service market for three consecutive years, from 2021 to2023. The company has ...