The types of FIEs in existence before China's Foreign Investment Law 2019 coming into force on 1 January 2020 include:

These existing FIEs may retain their corporate governance forms for a period of five years up to 31 December 2024 and should use this grandfathering period to amend their articles and restructure their corporate governance forms to comply with the Chinese corporate and business law regime that currently applies to domestic entities, which largely means the Company Law 2018 and the Partnership Enterprise Law 2006, together with their subordinate legislation. For more information, see Practice note, Chinese foreign investment law: overview: Corporate governance.