On 1 July 2024, the amended Company Law of the People’s Republic of China (New Company Law) officially came into effect, attracting widespread attention and discussion across various sectors. The New Company Law introduces significant changes in improving the company capital system, optimising corporate governance, strengthening shareholder rights protection, and reinforcing the responsibilities of controlling shareholders, actual controllers, directors, supervisors, and senior management. These amendments are designed to balance the interests of companies, shareholders, creditors and other stakeholders. The implementation of the New Company Law holds great significance for investment transactions and the protection of market participants’ rights and will undoubtedly have a profound impact on China’s economic landscape.
To assist businesses in adapting to the new era of the New Company Law, the lawyers at King & Wood Mallesons, leveraging their in-depth research and extensive corporate litigation experience, have authored Navigating the New Company Law: Impacts and Strategies for Businesses.
This publication covers three parts: Company Capital System, Corporate Governance, and Dispute Resolution. It provides a professional analysis of key amendments applicable to various types of businesses and offers practical and effective recommended actions. It also comprehensively interprets the legislative changes of relevant systems and their impact on corporate litigation practice. We hope this publication will help you better understand and adapt to the New Company Law.
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