The form of capital contribution stipulated in the company law must be non-monetary property that can be valued in money and transferred according to law. Obviously, labor service is not non-monetary property, so it is difficult to value it in money. According to "Regulations on the Administration of Company Registration", shareholders are not allowed to contribute capital by labor service, credit, natural person's name, goodwill, franchise or secured property. Therefore, unlike individual partnerships and partnership enterprises, the company law actually does not allow the shareholders of the company to contribute capital with labor services.
Extended data:
The provisions of the new "Company Law" on the company's capital contribution;
1. The new Company Law reduces the statutory minimum registered capital of a company. According to the original Company Law, the registered capital of a limited company is determined according to the industry and business model, which is 500,000 yuan for commercial wholesale companies and production companies, 300,000 yuan for commercial retail companies and 654.38+10,000 yuan for consulting companies.
The new company law determines that the minimum statutory capital of a limited liability company is 30,000 yuan. The minimum registered capital of a company limited by shares in the former Company Law was100,000 yuan. The minimum registered capital of a joint stock limited company in the new Company Law is 5 million yuan. In special industries, where laws and administrative regulations have higher provisions on the minimum registered capital, such provisions shall apply.
2. The new "Company Law" established the system of installment payment of registered capital. The revision of the new "Company Law" adopts a time-limited installment investment system. Shareholders are allowed to pay 20% of the registered capital for the first time, but it shall not be lower than the statutory minimum registered capital, and the rest shall be paid in full within two years after the company is established, and the investment company may pay in full within five years;
As for the form of capital contribution, the law has adjusted the original expression, expanding the past "industrial property rights and non-patented technology" to "intellectual property rights", including intellectual property rights such as copyright, and adding "non-monetary property that can be valued in money and transferred according to law".
Baidu Encyclopedia-Company Law