How to change the registered capital of Shanghai company?
More information about changing registered capital of Shanghai company, please consult: 021-58763186/18101649652
Registered capital is the amount of capital or the total amount of subscribed capital regulated by the articles of association, and it need to be registered in the company registration authority. However, as the company is running, the initial registered capital may need to be increased or decreased. Then what circumstances will change the registered capital? What materials are needed to change the registered capital?
When will Shanghai company registered capital increase?
1. In order to expand the business scale and have more business (capital requirements when changing the business scope), improve the company's qualification, credit degree, and increase the registered capital according to the relevant industrial and commercial laws and regulations;
2. Enterprise increases capital passively, due to some industries have rigid requirements for funds. And because of the needs during the early stage of the company development, the capital can be increased of a buffer line - at the time of registration,enterprise verifying first 20% of the registered capital, which is paid-in capital, and filling the remaining 80% of the registered capital two years later after registration, that is why some enterprises' registered capital and paid-in capital are not consistent.
Conditions to be met for capital reduction of Shanghai Company
1. The original company capital is too much, if the capital keeps the same, it will lead to idle and waste of capital in the company, which is not conducive to giving a full play of the efficiency of capital, and increases the burden of dividends;
2. The company suffers serious losses, and the gap between total capital and actual assets is too large. The company's capital has lost its legal significance to prove the company's credit status, and shareholders could not get returns because the company suffers losses every year.
The process of changing the registered capital of Shanghai company
1. Confirm whether to increase or reduce capital
2. Make an appointment online
3. Sign industrial and commercial materials and submit them to the counter for review and change
4. Obtain a new license for tax change
Materials required for the change of registered capital of Shanghai company
1. Original and copy of business license
2. The official seal
3. Application for company registration (filing)
4. The new constitution
5. Resolution of the shareholders' meeting
6. Letter of authorization of appointed representative or jointly entrusted agent
Attentions for Shanghai company changing registered capital
Capital reduction needs to be published in the newspaper announcement 45 days before the industrial and commercial change, and submit the relevant proof of the registered capital reduction announcement in the newspaper published with the company debt repayment or debt guarantee description.
The above are the information related to the change of registered capital of the Shanghai company. Although the registered capital can be changed, still hope the registered capital can be chose carefully, because the size of the registered capital is determined by the size of the responsibility of the company.
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