China implements the company registration system.

Implement a registration system. The registration system implements the principle of open management, which is essentially the financial disclosure system of the issuing company. It requires the issuer to provide all information about the securities issuance itself and related securities issuance. The issuer shall not only fully disclose relevant information, but also bear legal responsibility for the authenticity, integrity and reliability of the information provided. As long as the issuer has fully disclosed relevant information and has not been refused registration by the CSRC within the specified time after registration, it can issue securities without further examination and approval. The implementation of the securities issuance registration system can provide investors with relevant information about securities issuance, but it does not guarantee that the issued securities are of good quality and appropriate price.

The value expressed by the registration system embodies the freedom of market economy, the freedom of subject activities and the standardization and efficiency of government management of economy. Under this system, any individual's behavior is free. As long as the issuer conforms to the principle of legal openness, even worthless securities can enter the market, and the profits or losses under free choice are borne by investors. Securities management agencies only review the application documents in form, not involving the applicant and the substantive conditions for issuing securities, and do not make any value judgments on securities and their issuance behavior, thus reducing the workload of review. After the application documents are submitted, the application can take effect after the statutory time limit, thus avoiding complicated authorization procedures.

Industrial and commercial registration system in China;

1, registered capital

The minimum registered capital of industrial and commercial registration is reduced, specifically: the minimum registered capital of a limited liability company is 30,000 yuan, the minimum registered capital of a one-person limited liability company is 654.38+10,000 yuan, and the minimum registered capital of a joint stock limited company is 5 million yuan.

2. Registered address A company registered in Shenzhen can choose to register without an address. The so-called address means that the person in charge only needs to provide a normal and compliant address as the registered address for industrial and commercial registration, and does not need to actually rent an office.

Second, analysis

Industrial and commercial registration is the general name of all activities that the government confirms the applicant's qualification to engage in market business activities through registration on the basis of reviewing the conditions for the applicant to enter the market, so as to obtain the actual management right.

3. What materials does industrial and commercial registration need?

The materials to be submitted include: the application for pre-approval of company name signed by all shareholders of a limited liability company or all promoters of a joint stock limited company, the certificate of designated representative or entrusted agent and other documents.

legal ground

Opinions of Luoyang Administration for Industry and Commerce on Implementing the Reform of Registration System

Article 1 The registered capital shall be registered by subscription.

The total amount of capital contribution subscribed by the shareholders of the company or the total amount of capital contribution subscribed by the promoters (that is, the registered capital of the company) shall be registered with the administrative department for industry and commerce. Shareholders (promoters) of the company shall make independent agreements on the amount, mode and duration of their subscribed capital contribution, and record them in the articles of association. Shareholders of a limited liability company are liable to the company to the extent of their subscribed capital contribution, and shareholders of a joint stock limited company are liable to the company to the extent of their subscribed shares.

Relax the registration conditions of registered capital. Except as otherwise stipulated by laws, administrative regulations and the State Council's decision on the minimum registered capital of a specific industry, the restrictions on the minimum registered capital of a limited liability company of 30,000 yuan, a one-person limited liability company of 654.38+10,000 yuan and a joint stock limited company of 5 million yuan shall be cancelled. No longer limit the proportion of initial capital contribution of all shareholders (promoters) when the company is established, no longer limit the proportion of monetary capital contribution of all shareholders (promoters) to the registered capital, and no longer stipulate the time limit for shareholders (promoters) to pay their capital contribution in full.

The existing laws, administrative regulations and the State Council decisions clearly stipulate that banking financial institutions, securities companies, futures companies, fund management companies, insurance companies, insurance professional agencies and insurance brokers, direct selling enterprises, foreign labor cooperation enterprises, financing guarantee companies, publicly offered joint-stock companies, labor dispatch enterprises, pawn shops, insurance asset management companies and microfinance companies shall implement the registered capital subscription registration system, and the details shall be studied and decided separately. Prior to the revision of laws, administrative regulations and the State Council's decision, the existing provisions shall be implemented temporarily.

Except for joint stock limited companies established by way of offering, other companies, including paid-in companies, need not submit capital verification certificates when registering.