SHANGHAI – On January 1st 2016 modifications to the marriage and the maternity leave regimes came into force. If, previously, newlywed couples were entitled to enjoy up to 30 days leaves (depending on the single Province’s regulations), indeed, the new year has welcome a reduction of this period to a 3-days one (with exception to some SARs). Concerning the maternity leaves, instead, implementations were made so that those are now allowed also for couples giving birth to a second child – while previously the maternity leave was conceded only for the first born.
The mentioned changes represent key-points in the major reform operated by the Chinese Government in the family policy.
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.
