Tag: corporate governance

Legal Alert – Thailand

The Thai Civil and Commercial Code Amendment Act (“Act”)  alters the requirements on corporate governance and the constitution of private companies. The Act is effective from  February 16, 2023. The main changes are as follows: Minimum number of shareholders The minimum number of persons to establish a private limited company(“Promoters”) is reduced from three to…

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Corporate governance in China – what you should know

A major challenge for foreign investors is maintaining proper governance of their Chinese limited liability company and generating a profitable business. Whilst there are significant improvements in the business environment, including regulatory reforms to streamline administrative procedures, investors, especially those residing abroad, face challenges in establishing the proper corporate governance and ensuring the Chinese subsidiary…

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Share transfer in China – what you need to know

Shareholders may wish to amend the share structure of their subsidiary in China for several reasons. Specifically, the existing share proportion between shareholders can be amended or ownership of shares can be transferred to an existing shareholder or third party (non-shareholder). In China, any changes to the share structure shall be filed at the Administration…

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PIÙ TUTELE PER GLI AZIONISTI DI SOCIETÀ IN RUSSIA

Prima di tutto la partecipazione, quindi il voto. Anche in Russia, non diversamente dal resto del mondo, sono questi gli inalienabili diritti degli azionisti di una società. Ed è a partire da questi due centrali pilastri che discendono tutti gli altri strumenti di tutela per gli investitori stranieri che qui vogliano operare ai sensi della…

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What are the Shareholders’ Rights in Russia?

Foreign investors establishing an entity in Russia should note there are two common business structures. The limited liability companies ('LLC') and private joint-stock companies ('JSC'). LLC can be established by one or several persons and is the most common legal entity for foreign investors because registration is simple and corporate form is flexible. The JSC…

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