公司注册资本登记管理规定 Administration of Registration of Company Registered Capital Provisions

ing shall examine and verify the valuation of the property used by the promoters as subscription monies

　　The capital contribution made up by the shareholders or promoters shall comply with these Provisions and be verified by a capital verification institution， which shall issue a verification certificate and report to the company registry for record filing.

　　Article 18　If the company registry suspects that the registered capital of a company is false after the company has been established， it may request the company to have the registered capital verified with a designated capital verification institution， and to submit a capital verification certificate within a stipulated time period.

　　Article 19　If a shareholder or promoter that makes capital contribution in a form other than currency fails to handle the procedures for transfer of ownership according to Article 9 hereof， or if the transferred capital contribution fails to reach the amount of registered capital stipulated in the company's articles of association， such contribution shall be deemed as a sham capital contribution.

　　Article 20　If a shareholder or promoter fails to pay its capital contribution in currency according to provisions， or fails to handle the property transfer procedures for capital contribution to be made in a form other than currency according to provisions； or if a company falsely reports its registered capital； or if a shareholder or promoter makes a sham capital contribution； or if a shareholder or promoter surreptitiously withdraws its capital contribution after the company has been established， the company registry shall impose punishment according to law.

　　Article 21　If a capital verification institution or asset appraisal institution issues false certification documents， the company registry shall impose punishment according to law.

　　Article 22　These Provisions shall apply to the administration of the registration of the registered capital of foreign-invested enterprises， except where otherwise provided by laws and administrative regulations.

　　Article 23　The administ

ration of registration of the registered capital of enterprises not owned by the people registered according to the PRC， Administration of Enterprise Legal Person Registration Regulations shall， mutatis mutandis， be implemented according to these Provisions.

　　Article 24　These Provisions shall be implemented as of 1 July 2004. The Administration of Registration of Company Registered Capital Tentative Provisions promulgated by the State Administration for Industry and Commerce on 18 December 1995 shall be repealed simultaneously

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