The newly revised "Company Law of the People's Republic of China" came into effect on July 1, 2024. These amendments integrate recent judicial practices, discussions, and experiences in the field of company law into legal provisions, providing a higher level of regulatory framework for current and future economic activities. Additionally, they incorporate advanced systems from other countries and regions to align with global standards, promoting the healthy and sustainable development of the national economy.
The new "Company Law" introduces numerous provisions, emphasizing the accountability of investors in various transactions. It also increases the recourse responsibility for former investors who exit the company through equity transfers. These changes have raised significant concerns among both current and former investors. How can current investors establish a legal and effective firewall? How can former investors safely exit the company? This workshop will provide the answers.
Workshop Outline: 1. Changes in Registered Capital 2. Joint Liability of Former Investors (Departed Shareholders) 3. Eligibility to be a Legal Person 4. Unlimited Liability of Limited Liability Companies 5. Empowerment of Minority Shareholders
Target Audience: Senior management personnel such as Chief Financial Officers, Chief Legal Officers, company directors, and human resources managers.
This workshop will be conducted in Cantonese. Please refer to the Chinese version for details. |