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What is a capital verification report?

The capital verification report is a document issued by an institution with capital verification qualifications, such as an accounting firm, an audit firm, etc., to prove the authenticity of the company's funds.

Companies usually require capital verification reports in two situations. One is that the company needs to undergo capital verification when it is initially registered with the industrial and commercial industry; the other is that in the future, if the company's capital changes, it will also need to conduct capital verification again. After the Company Law was revised, a registered capital subscription system was implemented. Most company registrations no longer require capital verification, but financial institutions such as banks, securities and futures companies, insurance companies, etc. still require capital verification.

The materials required to apply for a capital verification report are as follows:

1. Articles of association signed by investors of the unit being verified;

2. Cash payment slip issued by the bank, Statement;

3. Collection receipt issued by the audited unit to the investor;

4. Financial statements required if the investor is a corporate legal person;

5. Declaration of the audited unit and its investors signed by the investor, etc.