Insights and Analysis

China: Memorandum for Incoming Directors on their Duties and Potential Liabilities

02 July 2024

A legal memorandum for use by in-house or local counsel to provide to newly appointed or prospective directors of
a company either in the form of a limited liability company (LLC) or a company limited by shares (CLS) in China,
highlighting the non-sector specific key points regarding the duties and liabilities of directors in China.

Memorandum for Incoming Directors on their Duties and Potential Liabilities (China)

Reproduced from Practical Law with the permission of the publishers. For further information, visit practicallaw.com

Authored by by Jun Wei, Lu Zhou, Xu Xu and Jessica Li.