China’s top lawmakers have passed sweeping changes to the country’s Company Law that will significantly shorten the time investors have to pay registered capital contributions, while increasing the liability of company management for unpaid commitments and harmful practices by shareholders.
In Depth: China Overhauls Company Law
2024年02月28日 20:43
Major changes include setting a five-year deadline for investors to make good on capital contributions, while increasing the liability of management for unpaid commitments and harmful practices by shareholders
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- China’s top lawmakers have passed sweeping changes to the Company Law. Photo: VCG
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