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On 15 January 2008, the State Council has issued Decree 516 abolishing the Liquidation Regulations and stating as the reason for issuance of Decree 516 the promulgation of the PRC Company Law on 27 October 2005, which became effective on 1 January 2006.

The end of 2023 marked a significant milestone in Chinese corporate law with the publication of the revised Company Law of the People's Republic of China, set to take effect on July 1, 2024.

As a source of steady income, trust companies had been taking loans off the books of banks and repackaging them up as trust products. The China Banking Regulatory Commission became alarmed when the volumes grew too big and in early July, leading the CBRC to abruptly close down the entire business by ordering trusts to halt all cooperation with banks. Recently, the CBRC has issued a new circular to allow bank-trust cooperation to resume in certain conditions.

In China, all capital contributions from shareholders shall be examined and verified by a legally established capital verification institution.

The biggest difference between cross-border and domestic M&As lies in that the former involves two or more jurisdictions.

This phrase reflects both the encouragement and protection of company autonomy and the significant role played by the AOA in law and practice.

On 12 August 2010, the PRC Ministry of Commerce (MOFCOM) hosted a "stocktake" briefing to mark the second anniversary of the Anti-Monopoly Law (AML).(1) Director-General of the Anti-Monopoly Bureau Shang Ming chaired the briefing. MOFCOM’s transcript of this briefing is located here. The following were the salient points raised during the briefing.

The recently implemented Administrative Measures show the Shanghai government's intention to relax and simplify the requirements for company domicile registration.

The China (Shanghai) Pilot Free Trade Zone (PFTZ) officially launched on September 29th, granting 25 Chinese and overseas companies licenses to register in the PFTZ on its first day.

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...

Last year, China simplified the procedure for company registrations, expatriate work visas and annual compliance to encourage investment and commercial businesses.

On 25 April 2011, the Supreme People's Court issued for public comments draft rules which govern civil action in relation to Anti-Monopoly Law (AML) disputes. These rules are entitled "Provisions on Issues Concerning the Application of Law in the Trial of Monopoly Civil Dispute Cases"("Draft Rules"). Prior to the release of these Draft Rules, there haven't been any detailed rules in relation to AML civil action. The court will consult on this Draft Rules till 1 June 2011.

Conyers' litigation and corporate teams were recently pleased to assist China Medonline Inc. (the "Company") in relation to the withdrawal of a winding-up petition against the Company...

When a foreign company establishes a subsidiary, or a factory in China, how the management of the foreign company maintains control of the Chinese entity is an issue that has baffled many management personnel.

On October 25, 2013, Premier Li Keqiang chaired an executive meeting of the State Council, and announced during the meeting that China is going to push forward the reform of the company registration regime, which will support a faster pace of economic reform in China and "arouse social investment vitality".

Despite headwinds facing its dynamic economy, China continues to be one of the world’s leading targets for foreign direct investment and mergers and acquisitions activity.