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When can the company’s paid-in capital be withdrawn?

There is no explicit regulation on how long the paid-in capital can be withdrawn. Generally speaking, it can be withdrawn after the company is established, but it cannot be withdrawn at will, otherwise it will affect the normal operation of the company.

As long as the company is established, it can be taken out, but the prerequisite is that it will not affect the company's operations and the consent of other shareholders and directors is obtained. The period for subscription of registered capital shall be agreed upon by the shareholders themselves and is not restricted by law. The amount of registered capital and the period for subscription of registered capital are agreed by the shareholders themselves, as long as they are stated in the company's articles of association.

2. Definition of paid-in capital

Paid-in capital refers to the capital actually received by the enterprise from investors. According to the investment entities, it can be divided into state capital, collective capital, legal person capital, individual capital, Hong Kong, Macao and Taiwan capital and foreign capital. Paid-in capital refers to the various properties invested by investors as capital into the enterprise. It is the source of the total legal capital registered by the enterprise. It indicates the owner's basic property rights relationship with the enterprise. The proportion of paid-in capital is the main basis for enterprises to distribute profits or dividends to investors. China's Enterprise Legal Person Registration and Management Regulations stipulate that, unless otherwise specified by the state, the paid-in capital of an enterprise shall be consistent with the registered capital. When an enterprise's paid-in capital increases or decreases by more than 20% compared to the original registered capital, it should apply for change registration to the original registration authority with proof of capital use or capital verification certificate.

3. Confirmation of paid-in capital

Enterprises shall confirm invested capital based on the actual monetary, physical and intangible assets received in accordance with the company's articles of association, contracts, agreements or relevant regulations. The establishment of a company must be subject to capital verification by a Chinese certified public accountant. For monetary investments, confirmation and verification are mainly based on receipt receipts. For foreign exchange investments made by foreign investors, certificates from the foreign exchange administration authorities of the place where the profits originate should be obtained. For capital contributions based on physical assets such as buildings, machinery and equipment, materials and supplies, confirmation should be based on various relevant vouchers, and physical inventory and on-site surveys should be conducted to verify the relevant investments. Houses and buildings should have property rights certificates. For capital contributions based on intangible assets such as patent rights, proprietary technologies, trademark rights, land use rights, etc., all relevant vouchers and documents should be used as the basis for confirmation and verification. The industrial property rights and know-how invested by the foreign joint venturer must meet the prescribed conditions.

Legal basis:

Article 17 of the "Provisions on the Registration and Management of Registered Capital of Companies"

Laws, administrative regulations and decisions of the State Council stipulate that the company's registered capital must be paid in , if its shareholders or promoters withdraw their capital contributions after the company is established, the company registration authority will handle it in accordance with the relevant provisions of the "Company Registration Management Regulations".

Article 66 of the "Regulations of the People's Republic of China on Company Registration and Management"

If the company's promoters or shareholders withdraw their capital after the company is established, the company shall register The authority shall order correction and impose a fine of not less than 5% but not more than 15% of the amount of evaded funds.