Shanghai – September 03, 2014 – Mr. Carlo Diego D’Andrea Chair of the Legal and Competition Working group of the EUCCC Shanghai moderate the event ” From MNC to Regional HQ: Update on current Regulations”. The main speaker Mr. Chen Hao, Acting Director of Foreign Investment Administration Department, Shanghai Municipal Commission of Commerce (SCOFCOM), gave a regulation elaboration on the newly released policy of Shanghai Municipal Government on encouraging multinational corporations to establish regional headquarters
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.
