Kunming Cancels The Minimum Registered Capital Of The Company

" Kunming The Municipal Industrial and commercial registration system reform plan was deliberated and passed in principle at the fourth meeting of the leading group of the comprehensive deepening reform of the municipal Party committee.

The plan further clarified that the entry conditions of the market participants should be relaxed, the registration system of the registered capital of the company should be implemented, the minimum amount of the registered capital of the company should be abolished, and the first capital contribution and proportion of all shareholders (promoters) of the company should not be restricted. registered capital No longer stipulates the time limit for shareholders (sponsors) to pay full capital contributions.

The plan is clear, and further relaxation of residence and business premises. Registration conditions The residence and business establishments shall be registered separately. Where a residence or a place of operation is within the jurisdiction of the same registration authority, the branch office may not register, and the address of the domicile and place of operation shall be specified in the column of "residence" of the business license.

In the aspect of registration of market participants, it is clear that in addition to specific industries, the registration system of the main body qualification of the market main body and the qualification of operation will be implemented in addition to the specific industries. The four entities shall be registered in the pilot business license, the institutional code certificate, the state tax registration certificate and the local tax registration certificate. The completion forms, comprehensive acceptance, information verification and license issuance of the four institutions will be completed in a single window.

We should speed up the implementation of the electronic business license and the whole process of electronic registration and management, and open up the online checking system of Kunming enterprises name.

Related links:

As we all know, after the formal implementation of the new company law in March 1, 2014, the system of registered capital subscription has been implemented, which means that it is no longer necessary to register with a bank or an accounting firm for capital verification. At the same time, the threshold requirement for registered capital has been abolished, even if the registered capital of 1 yuan RMB can be registered successfully.

In addition, Zhuhai, Shenzhen and other regions have also relaxed the requirements for the company's registered address. The address of housing can also be used to submit registration applications, and no longer need to record commercial address lease contracts. And the implementation of "one site multi photo", that is to say, the business secretaries approved by the government can be used to record more than one registered company.

The above new policies and regulations greatly facilitate the entrepreneurs, shorten the registration process and improve the bidding efficiency.