Joyce Mu

Jan 10, 2024 | lexology.com | Edwarde Webre |Joyce Mu

In a major legal development that will impact investors across China, the amendment of the PRC Company Law has been finalized. The amendment to the PRC Company Law was adopted on 20 December 2023 and will take effect as of 1 July 2024 (the “New Company Law”). In this article, we summarize, some of the key changes related to the corporate governance, registered capital and equity transfer. Investors should be familiar with these changes.