1. Shareholders * * * make the same contribution, reaching the minimum statutory capital.
The capital contribution of shareholders can be in cash, in kind, industrial property rights, land use rights, etc. If it is in kind, it must be discounted, and the amount contributed by industrial property rights shall not exceed 20% of the registered capital. If the land use right is invested, there must also be a corresponding land use certificate.
2. The Articles of Association shall be formulated by all shareholders.
Formulating the articles of association is a necessary condition for starting a company, and it is also an indispensable degree for establishing a company. The articles of association are documents that determine the rights of a company.
3. The shares meet the statutory qualifications and the number limit.
As the investor of the company, shareholders can set up a company, and the number of shareholders in a limited liability company is required to be between 2 and 50.
4. Established according to law
After the articles of association of the company are completed and the shareholders contribute capital, the company entrusts an agent to apply for establishment registration with the Industrial and Commercial Bureau and submit an application for company establishment registration.
Legal basis: Branch companies can be established in Article 14 of People's Republic of China (PRC) Company Law. The establishment of a branch company shall apply to the company registration authority for registration and obtain a business license. A branch company does not have legal person status, and its civil liability shall be borne by the company.
A company may set up subsidiaries, which have legal personality and independently bear civil liabilities according to law.