Limited Liability Company (LLC) is a type of corporation with independent legal person status. The liability of its shareholders is limited to their contributions and they are not liable for the company's debts. In mainland China, LLCs belong to the mixed ownership category, where the number of shareholders cannot exceed fifty. The board of directors consists of 3 to 13 members and may include an executive director who can also serve as the company's manager. LLCs are not required to appoint a legal representative or have local residents serving as directors, nor do they need a company secretary. The minimum registered capital requirement varies based on the number of shareholders and needs to be verified. For a single-member LLC, the minimum registered capital is 100,000 RMB, which needs to be fully contributed upfront. For LLCs with two or more members, the minimum registered capital is 30,000 RMB, which can be contributed in installments.
Chinese Mainland LLC Basic Information
Ownership:
Consolidated Ownership
Limited Liability:
Positive
Publicly Participates In Capital Market:
Negative
Chinese Mainland LLC Shareholder / Director / Secretary Requirements
Requirements For Shareholders:
Cannot exceed fifty
Requirements For Directors :
The board of directors is composed of three to thirteen members. For limited liability companies with a small number of shareholders or a small scale, they can appoint an executive director without establishing a board of directors. The executive director can also serve as the company's manager.
Legal Representative Not Mandatory:
Positive
Local Directors Not Mandatory:
Negative
Local Secretaries Not Mandatory:
Positive
Chinese Mainland LLC Registered Capital Requirement
Minimum Registered Capital Requirement:
If there is only one shareholder, the minimum requirement is 100,000 RMB. If the number of shareholders is between 2-50 people, the minimum is 30,000 RMB.
Capital Injection Not Required:
Negative
Capital Injection Requirement:
1. The minimum registered capital for a single-person limited company is 100,000 yuan, which must be fully contributed at one time;
2. For a limited company with two or more shareholders, the minimum registered capital is 30,000 yuan, which can be contributed in installments. The initial contribution should not be less than 20%, and the remaining registered capital can be in place within 2 years. For investment companies, the capital can be in place within 5 years.
Chinese Mainland LLC Memo
Memo:
TKEG Expat Chinese Mainland LLC Company Incorporation Service
TKEG Expat ™ (Belgium) Overseas Company Incorporation, Accounting, and Consulting Services
TKEG Expat ™ (Belgium) is your trusted overseas business partner. We are the retail consulting department of THE KEITH & EVEN GROUP, a Hong Kong-based global consulting agency with access to 50 markets, covering approximately 72 percent of global GDP.
With its strategic advantages, we can connect customers to opportunities worldwide and serve them in 21 industries.
Do You Represent A Big Corporation Or Already Have 10 Million USD In Revenue?
If you represent a big corporation, or if your company already has more than $10 million USD in revenue, you may be interested in the enterprise solutions provided by THE KEITH & EVEN GROUP.
Please refer to "TKEG Holdings"'s website for more information.
請參閱「奕資控股」之網站獲取更多資訊。
“TKEG” refers to one or more legal entities within the global TKEG Group, of which "TKEG Expat (Ireland) Teoranta", a corporation duly incorporated under the laws of the Republic of Ireland. “TKEG Expat (Ireland) Teoranta” is a wholly-owned subsidiary under "TKEG Expat INC". "TKEG Expat INC" is a corporation duly incorporated under the laws of the State of Delaware of the United States of America. "TKEG Organization" is a global network of independent and legally distinct member firms and their related entities. Each member firm within the ”TKEG Organization“ is a separate legal entity and is not liable for the acts or omissions of any other. No entity within the ”TKEG Organization“ has authority to bind or obligate any other entity with respect to third parties. ”TKEG Holdings Teoranta“ does not provide services to clients. Professional services, including overseas company incorporation, are provided exclusively by "TKEG Expat INC", it's subsidiaries, or other designated member firms, in accordance with applicable laws and regulations.
「奕資」指奕資集團旗下之一個或多個法律實體,當中「奕資環球(愛爾蘭)有限公司」為依據愛爾蘭共和國法律正式註冊成立之公司。「奕資環球(愛爾蘭)有限公司」為「奕資環球公司」全資子公司。「奕資環球公司」為依據美利堅合眾國特拉華州法律正式註冊成立之公司。「奕資組織」中每一實體均為獨立法律主體,互不對他方之行為或疏忽承擔法律責任,亦無權代表他方對第三方作出約束。「奕資控股有限公司」不向客戶提供服務;所有專業服務,包括海外公司註冊,僅由「奕資環球公司」,其子公司,或其他指定成員所根據適用法律及法規提供。