DP and the Memorandum of Understanding with Pukou Economic Development Zone
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Recently, D’Andrea & Partners Legal Counsel has signed a Memorandum of Understanding with Pukou Economic Development Zone which is the new investment area of the city of Nanjing, in the province of Jiangsu. With this agreement, parties wish to strengthen the cooperation and spread the presence of Italian and European investors in the beautiful city of Nanjing.
Pukou district is a new area of around 90 sqkm and will be home to industrial and residential areas. Easily connected with the city center and other cities of China through 2 new metro lines and a new railway station, as well with the close Lukou Airport.
In the new development area there will be spaces for fun and entertainment with museums and cultural and recreational centers, as well a luxury hotel.
We hope that the signing of this agreement will be a great opportunity for companies and foreign investors for their great success in this fruitful area of China.
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.
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To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
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