Who will bear the debts of the company and who will pay them off?

Legal analysis: Under normal circumstances, the company's debts are generally borne independently by the company's property. However, if the company's shareholders and senior executives do harm to the company's interests, they will bear unlimited joint and several liability for the company's debts. Under special circumstances, if the person subjected to execution has no property to pay off debts, and the registered capital invested by its start-up unit is false or registered capital flight, it may be ruled to change or add its start-up unit as the person subjected to execution, and the applicant shall be liable to the extent that the registered capital is false or registered capital flight.

Legal basis: Article 80 of the Provisions of the Supreme People's Court on Several Issues Concerning the Execution of People's Courts states that if the person subjected to execution has no property to pay off debts, and the registered capital invested by its start-up unit is untrue or registered capital flight, it may be ruled to change or add its start-up unit as the person subjected to execution, and be responsible to the applicant to the extent that the registered capital is untrue or registered capital flight.