Company Law

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China Briefing › China’s Revised Company Law in Effect from July 1, 2024: Key Details Here

The revised China Company Law includes major changes to company capital rules, corporate governance structures, shareholder rights, and more.

Company Law of the People’s Republic of China
中华人民共和国公司法

[Current Text: Chinese only]

(adopted Dec. 29, 1993, effective July 1, 1994; amended and effective Dec. 25, 1999; amended and effective Aug. 28, 2004; revised Oct. 27, 2005, effective Jan. 1, 2006; amended Dec. 28, 2013, effective Mar. 1, 2014; amended and effective Oct. 26, 2018; revised Dec. 29, 2023, effective July 1, 2024)

• Status: Revision passed
• Legislative Body (Vote): NPCSC (N/A)
• Principal Drafter: NPCSC Legislative Affairs Commission
• Submitter: Council of Chairpersons
• Legislative Plans
  • Five-year: 13^th NPCSC Category II; 14^th NPCSC Category I
  • Annual: 2021, 2022, 2023
• Legislative History & Text
  • NPCSC deliberation – 4^th (final) round: Dec. 25 – 29, 2023 (Current Text ⇧)
  • NPCSC deliberation – 3^rd round: Aug. 28 – Sept. 1, 2023 (Chinese only) 💬
    Public consultation: Sept. 1 – 30, 2023
  • NPCSC deliberation – 2^nd round: Dec. 27 – 30, 2022 (Chinese only) 💬
    Public consultation: Dec. 30, 2022 – Jan. 28, 2023
  • NPCSC deliberation – 1^st round: Dec. 20 – 24, 2021 (Chinese only Δ) 💬
    Public consultation: Dec. 24, 2021 – Jan. 22, 2022
• Legislative Records
  • Explanation (Dec. 20, 2021)
  • Report on Status of Revision (Dec. 27, 2022)
  • Report on Status of Revision (Aug. 28, 2023)
  • Report on Results of Deliberation (Dec. 25, 2023)
  • Report on Suggestions for Revision (Dec. 29, 2023)
  • Presidential Order (Dec. 29, 2023)

Last updated: April 29, 2024, 22:55 EDT