What Is a Domestic Corporation?

A company is a corporate legal person established in China in accordance with the Company Law for profit, including limited liability companies and joint stock companies. It is a form of business organization formed to meet the needs of the socialized mass production of a market economy.

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The company is in accordance with

In a market economy, with other

according to"

The Company Law of the People's Republic of China

Provisions of the Supreme People's Court on Several Issues concerning the Application of the Company Law of the People's Republic of China (I)

the company

Provisions of the Supreme People's Court on Several Issues concerning the Application of the Company Law of the People's Republic of China (II) Certain Provisions on Lawyers Acting as Legal Advisers to Enterprises

Administrative Measures for Legal Advisers of State-owned Enterprises

Law of the People's Republic of China on Foreign Investment Enterprises

Detailed Rules for the Implementation of the Law of the People's Republic of China on Foreign Investment Enterprises

Law of the People's Republic of China on Sino-foreign Cooperative Enterprises

Law of the People's Republic of China on Sino-foreign Joint Ventures

Regulations of the People's Republic of China on the Implementation of the Law on Sino-foreign Joint Ventures

Judicial Interpretation of the Company Law of the People's Republic of China

Judicial Interpretation of the Company Law of the People's Republic of China III

Judicial Interpretation of the Company Law of the People's Republic of China IV

Regulations on the management of company registration

Provisions on the Registration of Registered Capital of Companies

Partnership Enterprise Law of the People's Republic of China

Provisions of the Supreme People's Court on Several Issues concerning the Application of the Company Law of the People's Republic of China (V)

On October 25, 2013, the State Council executive meeting decided to make major changes to the registered capital registration system of Chinese companies in order to reduce the cost of starting a business and stimulate the vitality of social investment.

According to the deployment of the State Council, the keynote of the future reform of the company's capital registration system is to further relax government controls, lower the company's entry threshold to a greater extent, and encourage social entrepreneurial passion. There are two main points in the content: First, relax the conditions for registering registered capital. Except as otherwise provided by laws and regulations, restrictions on the minimum registered capital of a limited liability company of 30,000 yuan, the minimum registered capital of a one-person limited liability company of 100,000 yuan, and the minimum registered capital of a limited company of 5 million yuan will no longer be restricted; (Promoter) First-time capital contribution ratio and full payment period. The paid-up capital of the company is no longer a matter of business registration. At the same time, the registered capital was promoted from a paid-in registration system to a subscription registration system to reduce the cost of starting a company. Based on the efforts to improve relevant laws and regulations, the company's shareholders (sponsors) independently agreed to subscribe for the amount of capital contribution, the method of capital contribution, the period of capital contribution, etc., and are responsible for the authenticity and legality of the capital contribution. The second is to change the company's annual inspection system to an annual report system, which can be queried by any unit and individual, making the relevant information of the enterprise transparent.

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