Investors sign shareholder investment agreement-apply for pre-approval of enterprise name-apply for registration of enterprise establishment-apply for seal engraving-apply for organization code certificate-apply for tax registration certificate-open enterprise basic deposit account in bank-apply for invoice purchase book-open tax account for enterprise-purchase invoices to start business and enter the actual company operation stage.
The registered capital of a limited liability company established in accordance with the Company Law shall not be less than RMB 30,000, and the registered capital of an individual limited company shall not be less than RMB 654.38 million. The initial capital contribution of all shareholders of the company shall not be less than 20% of the registered capital, nor less than the statutory minimum registered capital, and the rest shall be fully paid by shareholders within two years from the date of establishment of the company. Where laws and administrative regulations have higher provisions on the minimum registered capital of a limited liability company, those provisions shall prevail.
Shareholders can make capital contributions in currency, or in kind, intellectual property rights, land use rights and other non-monetary properties that can be valued in currency and transferred according to law; However, except for the property that may not be contributed by laws and administrative regulations, the monetary contribution of all shareholders shall not be less than 30% of the registered capital of a limited liability company.