Articles
3 articles on the law of the People’s Republic of China.
-
China's Revised Company Law: The Five-Year Capital Contribution Deadline Explained
Since 1 July 2024, shareholders of a Chinese limited liability company must pay up subscribed capital within five years. Here is what the rule says, who it catches, and what the transition period means for existing companies.
Company LawForeign InvestmentCorporate Compliance -
Limitation Periods in Chinese Civil Litigation: The Three-Year Rule and Its Traps
How the three-year limitation period under Article 188 of the PRC Civil Code actually works — when it starts, how it is interrupted, why a Chinese court will not raise it on its own motion, and the claims it never touches.
Civil LitigationCivil CodeContract Law -
Why a Chinese Court May Cut Down Your Liquidated Damages Clause
Article 585 of the PRC Civil Code lets a court reduce an agreed damages figure that is 'manifestly higher' than actual loss. Here is how that discretion is exercised, and how to draft a clause that survives it.
Contract LawCivil CodeContract Drafting