Can the shareholders of a joint stock limited company only contribute in the form of money? Are non-monetary forms such as practice, intellectual property rights and land use rights acceptable?
According to the Company Law, shareholders' capital contribution is not necessarily in monetary form, but in non-monetary form, such as technology patents, management and operation methods, etc. However, the investment in intangible assets must be negotiated among shareholders and evaluated by a state-recognized financial management institution, such as an accountant, and the shares formed by intangible assets cannot exceed 70% of the total share capital at most.