China’s New Beneficiary Owner Information Filing Requirements: What Foreign Investors Need to Know
By EsqSocial Corporation 23/12/24
As of November 1, 2024, China has officially implemented the beneficiary owner information (BOI) filing requirements for all business entities in the country following the effectiveness of the Administrative Measures on Beneficial Owner Information (受益所有人信息管理办法, or the Measures). The Measures were jointly issued by the People’s Bank of China (PBOC) and the State Administration for Market Regulation (SAMR) in April 2024. Entities formed before November 1, 2024 must enter into compliance by...
By: Morgan Lewis