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China Insight - Corporate

China Amended its Company Law

08/01/2014

On 28 December 2013, the Standing Committee of the People's Congress adopted a resolution to approve the Amendment to the PRC Company Law (“Amendment”). The Amendment will become effective on 1 March 2014. It refers to changes of the capital contribution of companies in China with the aim to ease the financial burdens on investors for establishing companies in China. We highlight below the main changes under the Amendment.

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Source
China Insight - Corporate
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Authors

Portrait ofUlrike Glueck
Dr. Ulrike Glueck
Managing Partner
Shanghai
Portrait ofKevin Wang
Kevin Wang
Counsel
Shanghai