What are the conditions and procedures for increasing capital and shares?

The company's capital increase and share expansion must be approved by a special vote at the shareholders' meeting before capital verification. The capital verification report, business license of legal person and resolution of capital increase and share expansion shall be submitted to the registration authority, and the change registration shall be handled, and the capital contribution shall be paid as agreed.

legal ground

Article 178 of the Company Law

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 179

Where a company is merged or divided and its registered items change, it shall register the change with the company registration authority according to law; If the company is dissolved, it shall go through the cancellation of registration according to law; Where a new company is established, it shall be registered in accordance with the law.

Where a company increases or decreases its registered capital, it shall register the change with the company registration authority according to law.