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Implementation of BOI Measures

Implementation of BOI Measures with Regulatory ClarificationsFrom November 1, 2024, all companies, partnerships, and branches of foreign companies established in the People’s Republic of China (PRC) are required to register their beneficial owner information (“BOI”) when completing their initial establishment registration. For entities registered before November 1, 2024, their BOI must be submitted by November 1, 2025, in accordance with the Administrative Measures.Implementation of BOI Measures with Regulatory Clarifications