Is it legal for the company to raise funds from employees?

Legal analysis: "Under normal circumstances, it is legal for companies to raise funds from employees. Specifically, if the loan contract is signed in accordance with the law and has a legitimate purpose and is used for the production and operation of the company, then the act is legal. On the contrary, it may constitute the crime of illegally absorbing public deposits or the crime of absorbing public deposits in disguise. "

Legal basis: Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases Article 12 A legal person or other organization raises funds from employees in the form of loans within its own unit for the production and operation of its own unit. There is no situation as stipulated in Article 52 of the Contract Law or Article 14 of these Provisions. If the parties claim that the private lending contract is valid, the people's court shall support it.