It has been the fourth time after the first revision of the Company Law in China since1999. In order to lower the market entrance threshold and to encourage the set-up of SMEs; China’s legislature passed the proposal for amendment to the Company Law of the PRC on 28th, Dec, 2013. The recently revised provisions are primarily concerned with the reform of registered capital system, such as cancellation of the minimum capital requirement and shifting from actual capital contribution to authorized capital contribution. In general, there are twelve clauses revised in the new Company Law which will be put into force from 1st, March, 2014. Hence, it is worthwhile to assess the pros and cons that the new law may bring forth for whom are evaluating the investment opportunities in China.