| The legal system of registered capital is a review system regular by company law that shareholders of the company shall make its contribution to the registered capital which forms the original of the company. The company law of the Republic of China has been changes three times until 2013.The last modified abolishes the legal system of registered capital completely and reduces the barriers to provide a more convenient way for the investors entering the market. However, owing to the long-term legal capital system, the abolition of legal system of registered capital also brings some supporting measures lag issues.This dissertation aims to discussion the relevant legal issues of limited liability corporation after the abolishment of the legal system of registered capital. The author borrows some relevant provisions practice in legal capital system and authorized capital to compare the good and bad. Combining with the condition of the primary stage of socialism in our country that market economy is not mature yet to explore the most feasible method.The full article can be divided into four parts besides introduction and conclusion.The first part mainly analyzes the conception and limitation of the legal system of registered capital and the significance of abolishing the legal system of registered capital. It analyzed the limitation of the legal system of registered capital and the inferences of shareholders, company and creditors after the abolishment in detail.The second part of this dissertation tries to discuss the possible problem which occurs in the process of setting a corporation after the abolishment, concluding the relevant problem of the bottom line of registered capital, the payment deadlines and defective shareholders.The third part discusses the problems that companies may encounter during the process of corporations running, including reducing capital and participating bond. Part three lists the various coping strategies and detailed analysis of developed countries, hoping to find the most practical solution.The forth part for the former failed to involve other creditor protection measures for research in this paper, in order to advance defense and make up for the principle, establishing the platform of public summons and credit rating system, clear the fiduciary relationship and promote the company personality denial system, hope that the protection of creditor’s interests maximum after abolition of legal system of registered capital. |
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