China’s New Foreign Investment Law | S-GE

On the 15th of March 2019, the National People’s Congress of China (NPC) adopted the new Foreign Investment Law (FIL). Effective on the 1st of January 2020, the new law will replace the three primary laws regulating foreign-invested enterprises (FIEs) in China: the law on Sino-Foreign Equity Joint Ventures (EJVs), the law on Wholly Foreign-Owned Enterprises (WFOEs), and the law on Sino-Foreign Cooperative Joint Ventures (CJVs) (collectively the “Three FIE Laws”) with a transit period of 5 years.

@ S-GE | August 15, 2019