Research On Limited Liability Company Registered Capital Subscribed System

The Company Act revised in 2013 has reformed The Registered Capital System deeply with The Reform Scheme of The Registered Capital Registration System issued by The State Council introducing the details of Registered Capital Subscribed System,carrying out The Registered Capital Subscribed System widely in real life is enforceable and the era of it for companies is coming. Carrying out The Registered Capital Subscribed System universally makes better Business environment of China and ignite investors’enthusiasm. Pattern of entrepreneurship promoting employment makes market alive, improves the strength of economic development and pushes the government’s function transformation. Because The Registered Capital Subscribed System is newly established, many commercial subjects’mind are still stuck in the pattern of The Company Act issued in 2005.They just can not fully understand the new system’s details and operator schema, so that these commercial subjects have many wrong ideas about this new system. Even though The Registered Capital Subscribed System has not got serious problems now, it will has many defects gradually with reasonable speculating. Above all, deep research into The Registered Capital Subscribed System and avoiding all those problems are valuable.This paper has three parts of research about it. The first part is introducing The Registered Capital Subscribed System, which interprets the system, introduce the details and explains the reason why it is must be carried out. The second part is mostly about telling defects of reformation, further analysis of three problems, such as ambiguous enforcement of stakeholders’rights, the lower price of dormant investment, and more optional companies’registering, and protecting the creditors and so on. The third part is drafting a series of sound policies about these already found problems. First of all, the articles of association set clear stakeholders’rights, increase properly the dummy shareholders’responsibilities, and encourage founding a company reasonably and the intervene of self regulation, in order to improve company manage. Secondly, government regulation will be improved by strengthening the information monitoring mechanism, updating enterprise information credit publicity system, and boosting relative laws. Finally, creditors’ legal rights will be protected by regulating this new system, finding out who is to blame, and using the personality denial system.The Registered Capital Subscribed System adapts to the trend of time and keeps up with the pace of global reformation, which benefits the Socialist Market Economy with Chinese Characteristics. As this system is newly established, many problems are inevitable. Only solve these problems in time can The Registered Capital Subscribed System carry out better.