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August 15th, 2008 at 12:12 pm
Salina,
Can you shed some light on what it means for companies if the need to re-capitalize,in other words bring in capital above their original ¡°registered capital¡± level? Can you comment on this both from the business license and SAFE perspectives?
August 15th, 2008 at 5:13 pm
Alteration of Registration Capital (Add Capital)
1.Procedure
1)go to the ministry of economic relation & trade to alter certificate of approval,15 working days;
2)alter business license to administration of industry & commerce,5 working days;
3)alter organization code certificate to code center,5 wording days;
4)alter taxation registration,10 working days.
2.Needful materials
The essential documents which should be provided by Custom:
1)Business license original, duplicate, and IC card;
2)Tax Registration original and duplicate;
3)The organization code certificate original, duplicate, and IC card;
4)The newest certificate of approval;
5)The enterprise cachet , the legal representative¡¯s seal;
6)Adjusted proportion of stock capital;
7)The original contract , Articles of association;
8)Enregister certificate of new investors¡¯(copy), Credibility letter, Principal investor notarization/attestation;
9)The newest Articles of association/stockholder or name list of directorate members;
10)Finance Audit Report;
11)The report of validating capital after all registration capital have be validated.
The documents to be propared by agent:
1)Alteration of enregister requisition;
2)Application form of Registration capital;
3)Alteration application form of the ministry of economic relation & trade
(feasibility report);
4)Articles of association¡¯s modificatory file;
5)Resolution of directorate¡¯s conference;
3. Fees
Government fees: within RMB 500
Agent fee: around RMB 5000