On 1 July, an important reform of the Companies Actapproved by the Standing Committee of the National People's Congress of the People's Republic of China at the end of last year, with the aim of promoting the opening of the Chinese domestic market.
Supporting foreign and domestic investment, the law aims to strengthen the economyIt improves companies' capital adequacy, protects creditors' rights and optimises corporate governance structures. It also simplifies procedures for the incorporation and liquidation of companies, facilitates the sale of shareholdings and improves transparency in the disclosure of corporate information.
The reform and what might be the best strategies for companies to follow will be discussed in the Webinar organised in collaboration with D'Andrea & Partners next Tuesday 16 July at 10 a.m. on the Zoom platform.
