The announcement made on December 29, 2023 by the Standing Committee of the National People's Congress of China announces major revisions to the Company Law, which will take effect on July 1, 2024. These changes will significantly impact foreign-invested enterprises (FIEs), particularly Chinese limited liability companies (LLCs). Our analysis focuses on the main changes and their expected impact on the operating landscape of FIEs. For more details, please access our downloadable PDF article.
