Step 2: Sign the capital increase and share expansion agreement. The company, the original shareholders and the new shareholders signed an agreement on capital increase and share expansion, and the new shareholders paid the shares according to the agreement.
Step 3: Go through the registration formalities for change of shareholders, issue the certificate of capital contribution to the new shareholders and modify the register of shareholders of the company, and go through the registration formalities for change at the industrial and commercial office. As can be seen from the above process, capital increase and share expansion is a collection of a series of behaviors, rather than a single behavior that can be achieved in one step.
Legal basis: People's Republic of China (PRC) Company Law.
Article 27 Shareholders may make capital contributions in cash or in kind, intellectual property rights, land use rights and other non-monetary properties that can be valued in money and can be transferred according to law. However, except for the property that cannot be used as capital contribution as stipulated by laws and administrative regulations. Non-monetary property as capital contribution shall be evaluated and verified, and its value shall not be overestimated or underestimated. Where there are provisions in laws and administrative regulations on evaluation and pricing, those provisions shall prevail. The monetary contribution of all shareholders shall not be less than 30% of the registered capital of a limited liability company.
Article 35 Shareholders shall receive dividends in proportion to the paid-in capital contribution; When the company increases its capital, shareholders have the priority to subscribe for the capital contribution in proportion to the paid-in capital contribution. Except that all shareholders agree not to pay dividends according to the proportion of capital contribution or not to subscribe for capital contribution in priority.