China Revised the Paid-in Period of Company Registered Capital
2024.7.16

China Revised the Paid-in Period of Company Registered Capital

I. Introduction Recently, the newly revised Company Law of the People’s Republic of China (“New Company Law”)was effective on July 1, 2024, which requires that the registered capital of a limited liability company shall be fully paid within five years from the date of the company’s establishment and that the registered capital of a joint

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Cross-Border Recognition and Enforcement: Legal Insights for China, Italy, India, VNM
2024.7.8

Cross-Border Recognition and Enforcement: Legal Insights for China, Italy, India, VNM

As globalization intensifies cross-border interactions, understanding the legal mechanisms for enforcing foreign decisions becomes crucial for international business and dispute resolution. This article examines the recognition and enforcement of foreign judgments and arbitral awards across four jurisdictions: China, India, Italy, and Vietnam.  By comparing these jurisdictions, we aim to highlight the similarities and differences in

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  • #Italy
  • #India
  • #Vietnam
China Introduces New Data Compliance Rules for Accounting Firms
2024.6.20

China Introduces New Data Compliance Rules for Accounting Firms

In the digital age, data security has become an important issue in enterprise operations, especially for accounting firms that handle a large amount of sensitive financial information, data security management is particularly important. Recently, the Ministry of Finance and the Cyberspace Administration of China issued the Interim Measures for Data Security Management of Accounting Firms

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Invest in China: The Yangtze River Delta Region as Promising Land of FDI
2024.6.18

Invest in China: The Yangtze River Delta Region as Promising Land of FDI

The Yangtze River Delta region (hereinafter refer to as the “Delta Region”) stands out as a key investment destination in China, having made significant strides in attracting foreign investment in the past decades. The Delta Region, encompassing Shanghai and the provinces of Jiangsu, Zhejiang, and Anhui, achieved a milestone in 2023 as its economic output

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Beijing Auto Show: Exploring Future Investments in the Chinese Automotive Industry
2024.5.23

Beijing Auto Show: Exploring Future Investments in the Chinese Automotive Industry

The 2024 Beijing Auto Show has attracted global attention and brought new opportunities for investors. In this article, we will delve into the current investment trends and future development predictions of the automotive industry, providing insights for investors. 1. Review of the Global Automotive Market In recent years, the global automotive market has experienced significant

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China updated the Anti-Trust Compliance Guidelines for Operators
2024.5.20

China updated the Anti-Trust Compliance Guidelines for Operators

I. Revision Background In order to further implement the new Anti-Trust Law, which has come into effect in 2022, create a fair and competitive market environment, and promote the high-quality development of business entities, the Anti-Trust and Anti-Unfair Competition Commission of the PRC State Council released the newly revised “Anti-Trust Compliance Guidelines for Operators” (“2024

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Minimum Capitalization Requirements and Capital Contribution in LLC: A Comparative Analysis of China, Italy, India, and Vietnam
2024.5.20

Minimum Capitalization Requirements and Capital Contribution in LLC: A Comparative Analysis of China, Italy, India, and Vietnam

Limited liability companies (LLCs) have emerged as a favored option for entrepreneurs and businesses globally, owing to their adaptable structure, liability protection, and straightforward formation process. However, the protocols for establishing an LLC vary significantly across different jurisdictions, each imposing distinct minimum capitalization requirements and regulations governing capital contributions. In this article, we explore the

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  • #Italy
  • #India
  • #Vietnam
Shenzhen, China’s Silicon Valley- the Innovation Hub of China
2024.5.20

Shenzhen, China’s Silicon Valley- the Innovation Hub of China

Shenzhen, often referred to as China’s Silicon Valley, has rapidly emerged as a leading hub for innovation and technology. Buy why Shenzhen? What’s so special about Shenzhen making it stand out as China’s foremost city for innovation? There are several key factors, from its strategic government policies to its unique industrial ecosystem. Here’s an in-depth

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How to Resign or Be Removed As A Director Under New Company Law
2024.4.16

How to Resign or Be Removed As A Director Under New Company Law

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

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