Compliance in China: New Company Law Impacts on Foreign-Invested Enterprises (FIEs) from Legal, Financial, and Tax Perspectives

Effective from July 1, 2024, the sixth revision of China’s Company Law represents a sweeping overhaul of China’s existing Company Law. From stricter capital injection rules and enhanced corporate governance to the company liquidation process, the changes introduced in the New Company Law have far-reaching implications for businesses, including foreign-invested enterprises (FIEs) operating in or entering the China market.

FIEs are advised to thoroughly understand the provisions of the New Company Law, how it will affect them, and initiate necessary adjustments to ensure compliance and optimize strategic planning. It is crucial that companies commence preemptive assessments and actions early on, recognizing that several aspects may entail lengthy processes, including reporting to overseas headquarters, seeking board-level approvals, adjusting agreements, and negotiating with domestic partners (in the case of JVs).

In this event, Richie He, Assistant Manager from Business Advisory Services team, and Daisy Huang, Director of Audit from Corporate Accounting Services team, will guide you through the key amendments that may impact existing and new FIEs and relevant stakeholders. We will illuminate the practical implications and demonstrate how the New Company Law may shape future business transactions and arrangements.

Key Topics:

• New provisions in the 2024 Company Law
• Impact of the new Company Law on the financial and tax compliance of companies and shareholders
• Strategies and long-term planning advice for companies affected by the new law
• Clarifications on common misunderstandings of the new Company Law

Agenda:

• 3:30-4:00 PM Registration & Networking
• 4:00-5:15 PM Presentation
• 5:15 PM and Beyond: Q&A Session

Date and Venue:

• June 27, Thursday – Dezan Shira & Associates Shenzhen Office & Online
• July 2, Tuesday – Dezan Shira & Associates Guangzhou Office

Registration:

This event is free of charge.

• Attend online: REGISTER HERE
• Attend in-person in Shenzhen or Guangzhou: REGISTER HERE

*Please note that registration for offline attendance is on a first-come, first-served basis. Your registration is valid only if a confirmation email is received from us.

For any questions or concerns, please contact Freda CHEN, at freda.chen@dezshira.com. We look forward to having you join us in this event, and answering any questions you might have on the subject.

Attend online

Attend in-person

This Event occurred on Tuesday, July 2, 2024. If you were unable to attend it, you can still benefit from these resources that will help you review or discover more: