Upcoming Events

China's ESG regulations have developed significantly in recent years setting mandatory framework for certain industries. With the revised Company Law stipulating that companies, when doing business, shall “fully consider” the interests of their employees as well as environmental protection, and are encouraged to publish social responsibility reports, it becomes clear that companies need to ensure their compliance also in the ESG area. The developing ESG legal framework makes it difficult for companies to maintain a detailed and comprehensive overview.

  • 2024-03-12 | 08:30 - 10:30
  • 7F, VIP room, Sofitel Nanjing Galaxy Suning 索菲特苏宁银河大酒店7层自助餐厅VIP Room

The National People’s Congress Standing Committee (NPCSC) passed a significantly revised version of the Company Law on 29th December 2023, which will enter into force on 1st July 2024. This timing coincides closely with the expiration of a five-year grace period for foreign-invested companies to adjust to China’s Company Law by the beginning of 2025. This grace period began when the Foreign Investment Law (FIL) came into force on 1st January 2020.

The revised Company Law presents several new requirements for businesses, including updates to capital contribution rules for limited liability companies (LLCs), new diligence requirements for management and supervisors, and the requirement of an employee representative on boards of directors of some companies. It also includes new options for companies, such as the ability of companies with a small number of shareholders or a small scale of business to have no supervisor, the option for an audit committee in lieu of a supervisory board or individual supervisors for LLCs and greater freedom to choose which personnel can serve as legal representative.

During this seminar, participants will gain valuable insights as the experts delve into the intricacies of the New Company Law, offering expertise on the challenges faced by foreign-invested companies in China, with focus on limited liability companies. The discussion will focus on common issues and specific challenges encountered by foreign companies operating in China.

  • 2024-03-21 | 15:00 - 16:15
  • Universe Meeting Room, 6F, DB Schenker Technology Solution Center (Nanjing)

Corporate compliance management is gradually becoming a topic of critical importance within current business environment. Compliance is not only a key factor to companies’ economic interests, but would also affect companies’ reputation and sustainability. We would like to share some insights in relation to key operational process of corporate compliance management (e.g. procurement, sales and third party management) as well as digital anti-corruption and anti-fraud idea, for the purpose of providing implementation strategies for corporate management to establish a comprehensive compliance management system.

  • 2024-04-10 | 14:30 - 16:15
  • EY Nanjing Office 安永南京办公室