Tag: China Company Law

China business: protecting your corporate rights as a shareholder

On 28 April 2019, the Supreme People’s Court promulgated the Provisions on Several Issues concerning the Application of the Company Law of the People’s Republic of China V (“The Provisions”). Containing six provisions, The Provisions pave the way to further steps in protecting the corporate rights of shareholders and encourages dispute resolution between shareholders without…

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A quick look at registered capital under China Company Law

In China, under Company Law of the People’s Republic of China (2014), there is no required minimum amount for registered capital to establish a limited liability company in China. Although special industries may specify a minimum amount such as in finance, securities and insurance. The total amount of capital registered is not required to be…

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The importance of supervisors in corporate governance: high trust and understanding

Under Company Law of the People’s Republic of China (revised 2018), the corporate governance of a limited liability company shall include shareholders, a board of directors and senior officers. Previously, we reflected on the corporate governance structure and responsibilities. Here, we focus on the importance of the board of supervisors or supervisor in a limited…

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