Can the equity be transferred at a discount?

1. What is the equity discount transfer? The transfer price is equal to the registered capital, which is a fair-price transfer; If it is higher than the registered capital, it belongs to premium transfer; If it is lower, it is a discount transfer. Two. Do you need to modify the capital contribution of the articles of association for the transfer of equity discount? According to the Company Law, except for increasing or decreasing the registered capital, the capital contribution in the Articles of Association shall not be modified. Therefore, the company's equity transfer, whether the equity transfer amount is higher than the registered capital or lower than the registered capital, can not cause the change of the capital contribution in the company's articles of association. 1. equity transfer price is not necessarily related to the capital contribution in the Articles of Association. Equity transfer price is related to the equity value, which is related to the company's net assets, future development trend and other factors. The capital contribution stipulated in the articles of association of the company may be completely lost during the development of the company, or the accumulated assets may be far greater than the capital contribution of the company. Therefore, the equity transfer is not necessarily related to the amount of capital contribution in the company's articles of association. 2. There are only two ways to modify the capital contribution in the Articles of Association, that is, increase the registered capital or decrease the registered capital (1) and increase the registered capital. According to the Company Law, if there are no special provisions in the articles of association, the shareholders' meeting may make a resolution on capital increase with the consent of shareholders holding more than two thirds of the voting rights. With a valid resolution of the shareholders' meeting, the company may apply to the company registration authority to change its registered capital. (2) Reduction of registered capital According to the provisions of the Company Law, if there are no special provisions in the articles of association, shareholders holding more than two-thirds of the voting rights at the shareholders' meeting may make a resolution to reduce capital. But the next procedure is much more complicated and requires capital increase. The company first needs to notify the known creditors, and announce the company's capital reduction in the newspaper to inform the unknown creditors. Creditors may require the company to pay off debts or provide guarantees, otherwise the company shall not reduce its capital. Where the company illegally reduces its capital, the shareholders shall still be liable for the debts of the company within the scope of the original subscribed capital contribution.