Does an enterprise have to actually contribute capital to increase its capital?

Legal analysis: the capital increase established before the promulgation of the new company law should be paid in full, and the capital increase after the promulgation of the new company law can be handled according to the new regulations. According to the provisions of the new law, enterprises still need to make up the registered capital subscribed during the operation period, and must keep the corresponding capital verification report and property transfer report for future reference by industry and commerce. The registered capital of a limited liability company is the capital contribution subscribed by all shareholders registered in the company registration authority. 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.

Legal basis: People's Republic of China (PRC) Company Law.

Article 178 When a limited liability company increases its registered capital, the contribution of the newly-increased capital subscribed by shareholders shall be implemented in accordance with the relevant provisions of this Law on the contribution of limited liability companies. When a joint stock limited company issues new shares to increase its registered capital, shareholders shall subscribe for new shares in accordance with the relevant provisions of this Law on the establishment of a joint stock limited company and the payment of shares.

Article 26 The registered capital of a limited liability company is the capital contribution subscribed by all shareholders registered with the company registration authority. Where laws, administrative regulations and decisions of the State Council have other provisions on the paid-in registered capital and the minimum registered capital of a limited liability company, those provisions shall prevail.