State Administration for Industry and Commerce, Questions Relevant to Amendment of Registration Regarding Reduction in Registered Capital of Companies Reply

国家工商行政管理总局关于公司减少注册资本办理变更登记有关问题的答复

March 31, 2003 | BY

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The handling of registered capital reduction due to transaction delay or business needs.

Clp Reference: 2330/03.01.27 Promulgated: 2003-01-27

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Issued: January 27 2003

Main contents: The Circular states that authorities should handle amendment of registration regarding reduction in registered capital due to delay in transfer of property rights or due to business needs. However, the registration amendment procedures, and the number of shareholders and amount of registered capital after such amendment should comply with the provisions of laws and regulations.

clp reference:2330/03.01.27
promulgated:2003-01-27