What is a Joint Venture’s Registered Capital?
A Joint Venture’s Registered Capital is the total capital of the Joint Venture’s investors/shareholders should contribute.
But since March, 2014, there is no mandatory that the first round 20% registered capital should be invested. The subscribed period can be as long as 20 or 30 years. The subscribed period depends on the investor(s)/shareholder(s) promise.
And also, a Joint Venture is always a limited liability company, so the limited liability for a Joint Venture is the registered capital.
How to change Joint Venture's Registered Capital?
Technically, a Joint Venture is just allowed to increase the Registered Capital, but not decrease the Registered Capital. However, under some certain circumstances, it’s also allowed to decrease the Registered Capital.
To change a Joint Venture's Registered Capital, the investor(s)/shareholder(s) should pass a resolution and find a qualified agency such as WOFEChina.com to submit legal documents to relevant administration departments.
For detailed information, please contact our consultant: leo@wofechina.com.
WOFEChina.com has successfully helped investors from more than 50 countries (regions) all over the world registered Wholly Owned Foreign Enterprises (WOFE), Joint Ventures (JV), Shanghai Representative Offices(RO), and provide one-stop business solution, including Trademark Registration, Bookkeeping, etc. We have a very skilled consultant team, a set of efficient operation system. We provide high-quality customized services with reasonable price and accurate information, that’s what makes us different.
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