The Company Law of the People’s Republic of China currently in force adopts a company registration system under supervision. Specific rules within the legislation cover a registered capital system requiring a minimum amount of registered capital, a certain capital contribution period and a minimum ratio of cash contribution.
This article reviews the recent amendments to the law. This reform relaxed the governmental supervision required and will see significant innovations in the company registration system, especially in the registered capital aspect.
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Region:
China
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