PRC Company Law Amendment – Implications for Foreign Investors
May 17, 2024 | BY
Susan MokScott Yu, Rachel Li and Clair Xie of Zhong Lun Law Firm detail a significant and far-reaching update to China's key law governing both domestic- and foreign-invested companies
Summary
- The PRC Company Law has been incrementally revised over the years, and the latest update is a significant one for foreign-investors
- The changes aim to optimize governance, strengthen shareholders' capital contribution responsibility, and enhance the accountability senior individuals
- Investors will be able to avail themselves of greater protection; however, gaining a full and in-depth understanding of the amendments is vital