1. There are restrictions on shareholders' borrowing from the company, and it is usually not allowed to exceed twice the registered capital contributed by individual shareholders. If it is exceeded, the interest generated cannot be deducted from the income tax. For example, if I invest in a company with a registered capital of 6.5438+0 million, I can only borrow 2 million. If it exceeds 2 million, I have to pay the corresponding income tax.
2. The loan interest rate cannot exceed the bank's loan interest rate for the same period, and the excess cannot be deducted from income tax. Enterprises will make profits and pay enterprise income tax, which is not protected by law.
Legal basis: According to Article 149 of the Company Law of People's Republic of China (PRC), directors and senior managers shall not commit the following acts:
(1) misappropriate company funds;
(2) Opening an account for the company's funds in its own name or in the name of other individuals.
(3) In violation of the Articles of Association, lending the company's funds to others or providing guarantees for others with the company's property without the consent of the shareholders' meeting, the shareholders' general meeting or the board of directors;
(four) in violation of the articles of association of the company or without the consent of the shareholders' meeting or the shareholders' meeting, enter into a contract or conduct a transaction with the company;
(5) Without the consent of the shareholders' meeting or the shareholders' meeting, taking advantage of his position to seek business opportunities belonging to the company for himself or others and run the same business as the company he works for;
(6) Take the commissions of other people's transactions with the Company as their own;
(7) Unauthorized disclosure of company secrets;
(eight) other acts in violation of the obligation of loyalty to the company.