literature Mainland China English original

Systematic Reflection on Deepening Reform of the Business Registration System Based on Subscribed Registered Capital

Post-revision reflection on subscribed registered capital, contribution obligations, acceleration, defective equity transfers, and the credit function of registration.

Use It For

Use this for current debate on how registration, capital credibility, and creditor protection should work together after the 2023 revision.

Teaching Notes

The paper is useful for asking whether registration is informational, disciplinary, or both.