The process of running a company
I. Processes and procedures for establishing a company 1. Provide copies of your and investors' ID cards, indicating the registered capital of the company and the capital contribution of all investors, and prepare the names of at least five companies in advance. 2. Select the nearest bank to handle the capital injection procedures. 3. Bring your ID card to the industrial and commercial office for signature verification. 4. After all documents are processed, choose the nearest bank to handle basic account and tax accounts. 5. All other formalities should be completed by relevant departments. Two. Precautions 1. The registered capital of a limited liability company or a joint stock limited company shall not be lower than the statutory minimum registered capital stipulated in Articles 23 and 78 of the Company Law of People's Republic of China (PRC). 2. Regarding the mode of capital contribution, the law allows the use of physical objects, industrial property rights, non-patented technologies and land use rights that can be calculated in money as capital contribution. But at the same time, it is stipulated that the value of intangible assets shall not exceed 20% of the registered capital. 3. The founder must clearly stipulate the total registered capital of the company in the articles of association. The amount and mode of contribution of the promoters and the registered capital must be paid in full when the company is established. Article 6 of the Company Law When a company registers to establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.