1、 How to reduce the registered capital of a limited company ?
The reduction of registered capital of a limited company must be handled by the resolution of the internal shareholders' meeting of the company, and then notified to the creditors, and an announcement should be made in the newspaper within the specified time. Of course, it also needs to be filed by the market supervision and management department as stipulated by the state, and it needs to bring some applications for registration and filing. Article 178 of the Company Law stipulates that: "When the company needs to reduce its registered capital, it must prepare a balance sheet and an inventory of property. The company shall notify its creditors within ten days from the date of making the resolution to reduce its registered capital, and make an announcement in a newspaper within thirty days. Creditors have the right to require the company to pay off its debts or provide corresponding guarantees within 30 days from the date of receiving the notice, or within 45 days from the date of announcement if they do not receive the notice. The registered capital of the Company after capital reduction shall not be lower than the statutory minimum ".
The Regulations on the Administration of Company Registration stipulates that: "Where a company reduces its registered capital, it shall, as of the date of announcement forty-five When applying for change of registration in the future, the company shall submit the relevant certificates of the company's announcement of reducing registered capital published in the newspaper and the explanation of the company's debt repayment or debt guarantee ".
Article 15 of the Administrative Provisions on the Registration of Registered Capital of Companies "The Company's reduction of registered capital shall comply with the procedures specified in the Company Law. The reduced registered capital and paid in capital shall reach the minimum amount of the Company's registered capital specified by laws and administrative regulations and be verified by an experienced capital institution. After all the shareholders or promoters of the company have paid their capital contributions and share payments in full, the company shall, when applying for reducing its registered capital, go through the procedures of change registration for reducing its paid in capital at the same time. ".
2、 Work and procedures for reducing registered capital:
It can be seen from the above provisions that the Company should do the following to reduce its registered capital:
one The shareholders' meeting decides.
two Prepare balance sheet and property list.
three The creditors shall be notified within ten days from the date of the decision of the shareholders' meeting, and the announcement shall be made in the newspaper within thirty days.
four Creditors may, within 30 days from the date of receiving the notice, or within 45 days from the date of announcement if they do not receive the notice, require the company to pay off its debts or provide corresponding guarantees.
five . Verify the registered capital of the Company after capital reduction.
six Collect the relevant certificates of the company's announcement on the reduction of registered capital published in newspapers, and draft an explanation of the company's debt repayment or debt guarantee.
seven According to other relevant regulations, the reduction of registered capital involves the amendment of the Articles of Association, and the Articles of Association should be amended.
eight . From the date of announcement forty-five Apply for change registration in the future.
nine After all the shareholders have paid their capital contributions in full, the Company shall apply for reducing the registered capital and go through the change registration for reducing the paid in capital at the same time.
In contemporary society, if the registered capital is to be reduced, it is a very troublesome matter, because it is not possible to make decisions within the company itself as the parties think, and it also needs to be filed with the relevant departments for approval. Generally, it must be agreed by a shareholders' meeting held within the company.
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