According to China's Company Law, shareholders can 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 transferred according to law. However, except for the property that cannot be used as capital contribution as stipulated by laws and administrative regulations. Shareholders shall pay their respective subscribed capital contributions in full and on time in accordance with the Articles of Association. Where shareholders make capital contributions in cash, they shall deposit their capital contributions in full into the account opened by the limited liability company in the bank; If the investment is made with non-monetary property, the transfer formalities of its property right shall be handled according to law, that is, if the investment is made with patent right, the patent right shall be transferred to the company name. A company shall register in accordance with the Regulations of the People's Republic of China on the Administration of Company Registration. At the time of registration, the capital verification certificate submitted to the company registration authority shall be accompanied by a patent certificate, a computer software registration certificate, a non-patented technical achievement appraisal certificate or a certificate from the municipal science and technology department.
legal ground
Article 27 of the Company Law of People's Republic of China (PRC) * * * 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 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.