Paid-in capital, also known as paid-in capital, refers to part or all of the registered capital actually paid by an enterprise after capital verification. According to the second paragraph of Article 23 of China's Company Law, "To establish a limited liability company, the following conditions shall be met: (2) The capital contribution of shareholders reaches the minimum statutory capital." A company needs registered capital when it is established.
"Company Law" Article 26 "The registered capital of a limited liability company is the capital contribution subscribed by all shareholders registered in the company registration authority. The initial capital contribution of all shareholders of the company shall not be less than 20% of the registered capital, nor less than the statutory minimum registered capital, and the rest shall be fully paid by shareholders within two years from the date of establishment of the company; Among them, the investment company can pay in full within five years.
The minimum registered capital of a limited liability company is RMB 30,000. Where laws and administrative regulations have higher provisions on the minimum registered capital of a limited liability company, those provisions shall prevail. "Full payment within two years" and "full payment within five years" in the Regulations refer to the paid-in capital contribution.
The establishment of subscription registration system plays an important role in further relaxing the access control of market participants, lowering the access threshold, optimizing the business environment and accelerating the development of market participants. At the same time, it also changes the way of supervision, strengthens credit supervision, promotes coordinated supervision, improves supervision efficiency, further expands social supervision, promotes social governance, stimulates the creativity of various market participants, and enhances the internal motivation of economic development by strengthening information disclosure of market participants.
According to the provisions of the reform plan of the company's registered capital registration system promulgated by the State Council, banking financial institutions, securities companies, futures companies, fund management companies, insurance companies,
Insurance professional agencies, insurance brokerage institutions, direct selling enterprises, foreign labor cooperation enterprises, financing guarantee companies, joint-stock companies established by public offering, labor dispatch enterprises, pawn shops, insurance asset management companies, small loan companies, and other limited companies all adopt the registered capital subscription system.