Interpretation of the New Company Law's Paid in System and Intellectual Property Valuation for Investment Tax and Practical Special Activity

On the afternoon of June 14, 2024, in order to help enterprises understand the new Company Law, enhance legal and compliance awareness of enterprises in Foshan City, promote high-quality development of enterprises, and provide practical reference and guidance for enterprise operation practice, a training activity on 'Interpretation of the Paid in System and Registered Capital Registration Management System under the New Company Law' was held at our institute under the guidance of the Office of the Financial Committee of the Foshan Municipal Committee of the Communist Party of China and the Management Committee of the Foshan High tech Industrial Development Zone. Some enterprise representatives participated in this training activity.

Li Yaoyang, Business Director of Guangdong Equity Trading Center Co., Ltd., delivered the opening speech for this event. Then, Lawyer Meng Xiaojun from Guangdong Denghu Law Firm brought you the 'Interpretation of the Paid in System and Registered Capital Registration Management System under the New Company Law', which is mainly divided into three parts.

One is the overall situation of the revision of the new Company Law. From the revision history of the Company Law to the interpretation of the overall revision of the Company Law in 2023, the attendees have gained a general understanding of the revision of the new Company Law.

The second is an interpretation of the changes in the paid in system and registration system in the new Company Law. From the perspectives of limited liability companies and joint-stock limited companies, it is divided into existing companies established before July 1, 2024 and newly established companies after July 1, 2024. The specific changes in the paid in system of different types of companies were analyzed in detail to the attendees, which is of great significance for improving the operational management efficiency and healthy development of enterprises.

The third is an analysis of other changes in the capital system and the impact on shareholder equity under the new Company Law. Including the expansion of investment forms, rules for capital reduction, the addition of a system for debt collection and loss of rights, legal responsibilities for defective equity transfers, the addition of an accelerated maturity system, and the obligation of directors, supervisors, and senior executives to maintain capital adequacy, this explanation provides a more comprehensive understanding of the internal operational logic of the new Company Law from multiple perspectives.

The training activity was a complete success, and the attending representatives expressed that they had gained a lot and hoped to continue participating in our activities in the future to strengthen follow-up communication and interaction.