State Council, Provisions for the Implementation of the System for the Administration of the Registration of Registered Capital under the «PRC Company Law» (Draft for Comments)

国务院关于实施《中华人民共和国公司法》注册资本登记管理制度的规定 (征求意见稿)

March 18, 2024 | BY

Susan Mok

Limited liability companies are required to have their capital contributions paid in full in five years.

Issued: February 6, 2024

Main contents:    A limited liability company shall, in accordance with its articles of association, fully pay in its registered capital within five years from the date of its establishment.

With respect to a joint stock limited company established by promotion or private placement, the promoter shall pay the entire amount in full for the shares subscribed for by it.

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