This seminar will provide an overview of the key changes in China's new Company Law and its impact on foreign-invested enterprises (FIEs), especially Finnish businesses.

It will cover important amendments, such as updates to capital contributions, corporate governance, and rules affecting directors and senior management. Participants will learn about new compliance obligations, regulatory oversight, and reporting requirements for FIEs.

The session will also explore how Finnish companies can adjust their business strategies, governance models, and partnerships to meet the new legal requirements. Practical examples and case studies will illustrate how firms can navigate these changes. An interactive Q&A will allow attendees to address specific concerns, and the seminar will conclude with key takeaways and resources for further consultation.

1. Overview of Changes in the New PRC Company Law

• Key Amendments:
• Capital contributions and shareholder liability.
• Corporate governance and decision-making processes.
• Changes to rules on directors, supervisors, and senior management.
• Enhanced regulations on equity transfer and exit mechanisms.
• Implications for Corporate Structure and Governance:
• Impacts on foreign-invested enterprises (FIEs) in relation to joint ventures, wholly foreign-owned enterprises (WFOEs), and representative offices.
• Practical adjustments needed in shareholder agreements, articles of association, and other internal governance documents.

2. Key Impact on Foreign-Invested Enterprises (FIEs)

• Compliance Requirements:
• Specific compliance obligations under the new law for FIEs.
• Regulatory oversight and reporting requirements, including changes in registration and filing procedures.
• Corporate Governance for FIEs:
• New governance models for multinational companies operating in China.
• How Finnish firms can adapt to the governance changes, especially in the areas of board structure, supervisory board responsibilities, and decision-making protocols.
• Impact on Corporate Social Responsibility (CSR) and Sustainability:
• New emphasis on compliance with sustainability regulations and how these may affect foreign companies.

3. Practical Considerations and Strategic Adjustments for Finnish Companies

• Adjusting Business Strategies:
• How Finnish companies should restructure their operations to align with the new law.
• Potential impact on joint ventures, partnerships, and collaborations.
• Managing risks and mitigating compliance challenges.
• Case Studies:
• Illustrative examples of how FIEs, especially Finnish firms, have adapted or can adapt to the new regulatory environment.
• Successful practices in navigating the regulatory changes.

Date

29 October (Tuesday), 2024

Time

15:00-17:00 Beijing Time

Language:

English/Bilingual

Price:

Member: 100 RMB

Non-Member: 150 RMB

(coffee and coffee bread will be provided)

Venue:

No. 70 Yongfu Rd. Xuhui District, Shanghai

上海市徐汇区永福路70号

Cancellation Policy

If you cannot attend an event for which you have registered, please cancel your registration no later than three business day prior to the event. If you fail to notify us of your cancellation in a timely fashion, you will be charged for the event costs.

Fapiao (VAT Invoice)

Apply fapiao when purchasing a ticket, by inputting the Chinese entity name and tax ID (if the title is wrong, you will be unable to receive the Fapaio). E-Fapiao will be sent to your e-mail within 7 days after completed event (check spam folder). If the fapiao can not be received, please provide an alternative email or contact fang.sunjie@finnchamsh.org