Navigating the new company law in China

China's new Company Law brings significant changes that will impact foreign-invested companies operating in the country.

China's new Company Law, set to take effect from 1 July 2024, brings significant changes that will impact foreign-invested companies operating in the country.

This legislation introduces new compliance requirements, operational adjustments, and governance practices that businesses must adopt to stay compliant and competitive in the evolving Chinese market.

Key changes include:

1. Enhanced corporate governance: New rules on board structure, shareholder rights, and fiduciary duties.
2. Increased compliance requirements: Stricter regulations on financial reporting and internal controls.
3. Operational adjustments: Changes in registration procedures, capital requirements, and operational transparency.

To help business owners understand and navigate these changes, Fidinam Shanghai is hosting a webinar in collaboration with Shanghai BNLS Law Firm.

The webinar will provide detailed insights into the new Company Law, its implications for foreign-invested enterprises, and practical advice on how to adapt to these changes effectively.