The embodiment of the three principles of corporate capital

1. capital determination principle: when a company is established, the total capital of the company shall be stated in the articles of association, which shall be fully subscribed or subscribed by the promoters. The newly revised Company Law in 2005 is no longer strict with the principle of capital recognition. This principle is embodied in Article 26 of China's Company Law. The initial capital contribution of all shareholders of the company shall not be less than 20% of the registered capital, nor less than the statutory minimum registered capital, and the rest shall be fully paid by shareholders within two years from the date of establishment of the company. Among them, the investment company can pay in full within five years. The minimum registered capital of a limited liability company is RMB 30,000. Article 59 The minimum registered capital of a one-person limited liability company is RMB 100,000. Shareholders shall pay in full the capital contribution stipulated in the Articles of Association. Article 8 1 stipulates that if a joint stock limited company is established by means of sponsorship, the registered capital shall be the total share capital subscribed by all promoters registered in the company registration authority. The initial investment of all promoters of the company shall not be less than 20% of the registered capital, and the rest shall be fully paid by the promoters within two years from the date of establishment of the company; Among them, the investment company can pay in full within five years. No shares may be sold to others before the full amount of shares has been paid. The minimum registered capital of a joint stock limited company is people.

Five million yuan. The second is the principle of capital preservation, that is, during its existence, a company should keep its property equivalent to its capital, so as to prevent the company's capital from being greatly reduced, maintain the company's solvency and protect the interests of creditors. The relevant provisions of the company law are: 1. There are four forms of capital contribution by shareholders of limited companies and joint-stock companies-currency, physical objects, intellectual property rights and land use rights, which must be evaluated and priced, and may not be overestimated or underestimated. The monetary contribution of all shareholders shall not be less than 30% of the registered capital of a limited liability company (Article 27). 2. Shareholders of limited companies and joint-stock companies must go through capital verification procedures (Articles 29 and 90). 3. The promoters and shareholders of a limited company or a joint stock limited company shall not withdraw their capital contribution after the establishment of the company (Article 36, 20 1). 4. Limited companies and joint stock limited companies shall not distribute profits to shareholders before making up losses and withdrawing common reserve funds (Article 167). 5. The stock issue price of a joint-stock company may be equal to or higher than the par value, but not lower than the par value (128). III. Principle of constant capital: The company shall not increase or decrease its capital at will. The relevant provisions of the company law are: 1. The increase or decrease of the company's capital must be approved by the shareholders' meeting. (Article 38, 104) 2. If a company increases or decreases its capital, it must apply for registration of change according to law. (Article 180) 3. When a company reduces its capital, it shall also prepare a balance sheet and a list of assets, and issue a notice and announcement to creditors, who have the right to require the company to provide a guarantee or to require the company to pay off its debts.