practice note Mainland China English original

The Changes in the Registered Capital System Under the New Company Law

Explains the revised registered-capital regime, including the five-year payment period for limited liability company subscriptions, defective contribution rules, acceleration, shareholder disqualification, and capital reduction.

Brief English Introduction

This IBA briefing gives an investor-facing overview of the new registered-capital system. It is useful for seeing how contribution timing, defective contribution liability, acceleration, and capital reduction operate as a connected capital-credit package.

Use It For

Use it to connect formation registration with later shareholder-finance disputes.

Teaching Notes

Students should test the briefing against the statutory text and the State Council transition provisions.