Shanghai – November 03, 2014 – Mr. Carlo Diego D’ Andrea, Founding Partner of D’ Andrea & Partners, met the Mayor of Florence Dario Nardella during his visit to Shanghai. They first met four years ago, when the Mayor, at the time newly elected Deputy Mayor, went to Nanjing in order to ‘green’ up the twinning between Florence and the Chinese city. The event took place in Shanghai at the office of “Investing in Florence”, where the START-UP Incubator of Florence set up. During the relating seminar, the Mayor explained to the large audience several of the investment opportunities in Florence, in order to increase the economic and commercial relations between China and the Italian city.
Provisions of the New Company Law on the Dismissal and Resignation of Directors China’s new Company Law, which will come into effect on July 1, 2024, creates the following systems for the dismissal and resignation of directors: first, the shareholders’ meeting may resolve to dismiss a director, but if a director is dismissed before the
The new Company Law was amended and passed on December 29, 2023, and will come into effect on July 1, 2024. The new law shortens the deadline for subscribed capital contributions, allowing companies to adjust their registered capital according to their operational conditions. This article starts by focusing on the key provisions of the new
On March 22, 2024, the Cyberspace Administration of China officially announced the Regulations on Facilitating and Regulating Cross-border Data Flow (“Regulations”) and took effect upon the date of announcement. According to the previous regulatory requirements for data outbound transfer, there are three main methods for data outbound transfer: security assessment, standard contract, and protection certification.
