Company law china registered capital

2020-04-01 11:35

For the purposes of this Law, the oneperson company with limited liability means a company with limited liability where there is only one shareholder who is a natural person or a legal person. Article 59 The minimum amount of the registered capital for a oneperson company withJan 09, 2014 Amendment to the Company Law in China: a new registered capital registration system. In fact, all the above changes have already been enforced in the Shanghai (China) Free Trade Zone and applied to both domestic enterprises and FIEs registered in the Shanghai (China) Free Trade Zone. company law china registered capital

abolition of the requirement of minimum registered capital to start up a company. Under the unrevised Law, the minimum registered capital was RMB5 million (about US800, 000) for a company limited by shares, and RMB30, 000 (about US5, 000) for a company with limited liability. (Company Law, arts. 26&

Following the amendment of the Company Law and the Administrative regulations for the Registration of companies, it is now possible to incorporate WFOEs with the following paidup registered capital. ConsultingITDesign WFOE RMB 100, 000 of the FIE then the minimum registered capital will be RMB 50, 000, 000. Are there any NonLegal Factors in Relation to Registered Capital? The level of a companys registered capital will be relevant to the day to day operations of the company. Generally speaking, the higher level of the registered capital the easier it will be able to do business.company law china registered capital Mar 27, 2019  WFOE has great potential in China as companies seek new markets, executives say that by 2014 China will be the worlds top investment destination. The registered capital of a Wholly Foreign Owned Enterprise (WFOE) should be subscribed and contributed solely by foreign investor(s).