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    Instructions For Establishing A Limited Company

    2011/7/13 11:02:00 50

    Instructions For Establishing A Limited Company


    The establishment of a limited liability company shall meet the following requirements:


    1. shareholders meet the quorum.

    Quorum refers to the dual meaning of statutory qualifications and the number of persons restricted.

    Statutory qualification refers to the qualifications that can be used as shareholders by state laws, regulations and policies.

    The quorum is the number of shareholders of a limited liability company stipulated in the company law.

    The company law defines the shareholders of a limited liability company to be more than two or less than fifty.


    2. shareholders' contribution reaches the minimum limit of statutory capital.

    The company must have sufficient funds to operate normally.

    Shareholders can not set up without capital contributions.

    The total capital contribution of shareholders must reach statutory capital.

    Minimum limit

    Namely:


    (1) the company mainly produces and operates RMB five hundred thousand yuan;


    (2) the commodity wholesale company is RMB five hundred thousand yuan;


    (3) commercial retail companies mainly account for three hundred thousand yuan.


    (4) technology development, consulting and service companies are RMB one hundred thousand yuan.


    The minimum registered capital of a limited liability company in certain industries is higher than that specified in the preceding paragraph, and shall be separately stipulated by laws and administrative regulations (for example, the auctioning industry needs at least 1 million yuan registered capital).


    Shareholders can invest in money or in kind, industrial property, etc.

    nonpatented technology

    The amount of capital invested by the right to the use of land and the value of industrial property and non patented technology shall not exceed twenty percent of the registered capital of a limited liability company.

    The notice issued by the Ministry of science and technology and the State Administration for Industry and Commerce on the issue of the provisions on Several Issues concerning the contribution of new and high technology achievements to shares is stipulated in the Circular No. [1997]326, which is invested by a high and new technology achievement to a limited liability company. The total amount of the price can exceed twenty percent of the company's registered capital, but not more than thirty-five percent, and the amount of the price exceeds twenty percent of the registered capital of the company.


    3. shareholders jointly formulate the articles of association.

    The formulation of the articles of association of a limited liability company is an important link in the establishment of a company. The articles of association of the company are formulated on the basis of voluntary consultation by all the contributors. With the consent of all the investors, the shareholders shall sign and seal the articles of association.


    4. having a company name and establishing a requirement that meets the requirements of a limited liability company.

    Organization


    The establishment of a limited liability company shall include the "limited liability company" or "limited company" in the name of the company in addition to its name which should conform to the general provisions of the name of the enterprise legal person.

    The establishment of an organizational structure that meets the requirements of a limited liability company means that the composition, production and functions of the organization of a limited liability company comply with the requirements set forth in the company law.

    The organizational structure of a company generally refers to a shareholders' meeting, a board of directors, a board of supervisors, a manager or a shareholders' meeting, an executive director, and one to two supervisors and managers.

    The number of shareholders is large, and the larger the company applies to the former, otherwise the latter applies.


    5., there are fixed production and business premises and necessary production and operation conditions.


     
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