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After five years of revisions, the new PRC Company Law will take effect on July 1, 2024. The new law has made quite extensive amendments in such areas as company establishment and capital contributions, shareholder rights, duties of directors, supervisors and senior management, corporate governance, ...
MOREOn March 22, 2024, the Cyberspace Administration of China (CAC) issued the Provisions for the Promotion and Standardization of Cross-Border Data Flows along with related supporting guidelines. These regulations aim to relax requirements for cross-border data flows and reduce compliance burden on ente...
MORECurrent Issue Highlights: SAMR Seeks Public Comments on Draft Registered Capital Registration and Management System; The Provisions on the Filing Thresholds for Concentrations of Undertakings Officially Promulgated; CAC Released Provisions to Relax Supervision of Cross-Border Data Transfers; Shenzhen...
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