Why can't shareholders contribute with patented technology?

Yes, it is the right to use patented technology. According to the Company Law, there are three ways for promoters to subscribe for capital stock: currency, physical objects and intangible assets. Among them, intangible assets mainly refer to industrial property rights (including patents, trademarks, copyrights, etc.). ), non-patented technology and land use rights.

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.

The original company law stipulates

Article 24 Shareholders may contribute capital in cash, in kind, industrial property rights, non-patented technology and land use rights.

But the new one rewrites the non-patented technology, which is ok.