The amendments cover a wide range of topics, including capital contribution and reduction, equity/share transfer and repurchase, corporate governance matters (such as organizational structure and responsibilities and duties of controlling shareholders, actual controllers, directors, supervisors and senior ...
On December 29, 2023, the Standing Committee of the National People's Congress approved the revised "Company Law of the People's Republic of China" (theNew Company Law), set to be enforced on July 1, 2024. The New Compa...
(5) The New Company Law expands the application of the “piercing the corporate veil” system: If a shareholder abuses the limited liability protection by utilizing two or more companies under its control to inflict signifi...
Overall, the amendments aim to modernize the corporate legal framework, improve corporate governance, and promote a healthier business environment in line with international standards. Companies operating in China will need to review their structures and practices to ensure compliance with the new law. ...
Practices:Taxation & Wealth Planning, Investment/M&A & Corporate Governance, Cybersecurity & Data Protection Industries:Pharmaceuticals & Life Sciences Yutong XU Beijing Office Corporate Department 特别声明 以上所刊登的文章仅代表作者本人观点,不代表北京市中伦律师事务所或其律师出具的任何形式之法律意见或建议...
Corporate Alert December 15, 2022 FinCEN Issues Final Rule for Beneficial Ownership Information Reporting Requirements Under the Corporate Transparency Act Introduction On September 29, 2022, the Financial Crimes Enforcement Network (“FinCEN”) issued a final rule (the “Final Rule”) implementing the ...
A number of important Belgian and EU legislative changes are likely to have an impact in 2024. On the one hand, there are new laws that have been adopted and will start to bite, and, on the other, there are proposals that are expected to firm up into law. ...
Implementing good corporate governance; Undertake corporate social responsibility activities; Comply with the labor law; Submit quarterly investment activities to the Investment Coordinating Board (BKPM); and Honor the cultural traditions of communities. ...
Certain products and services may from time to time be made available to you through the Company Services. The products and services that are offered for sale by Company or its corporate affiliates are each referred to as an "Offering". Terms related to a specific product or service will acco...
Corporate Department 《Overview of China's Legal Regime on Cross-border Data Transfer》 《Finance Compliance丨New Law Against Telecom and Online Fraud》 《Data Compliance on Collecting Human Genetic Resources from China》 《Corporate Compliance丨New Specification under PIPL》 ...