Registered Capital Subscribed System Und Protection Of The Interests Of Creditors

Registered capital system is revised according to Company Law Amendment" passed in 2013, established a system of registered capital subscribed. The reform abolish the limit of the minimum registered capital of the company, delete the previous first paid proportion of capital limit and the time limit of payment etc. Firstly, combining with three types of international capital system, I try to define the type of our current capital system, in order to grasp the content of capital system of our country better. Secondly, I analyze the reasons of the reform, aimed at promoting the market development, to adapt to the demand of rapid market development. And then discuss the shareholders’ capital contribution obligation, the problem of false companies registered capital contribution, and mechanism of the responsibility of breach of the obligation of capital contribution under the current system of law. Finally, on the basis of understanding about unlimited subscription system, I thinks that the law as a whole, the reform of a system will inevitably lead to other systems in the legal system is affected, we must match some institutions to guarantee the implementation of the whole company law. This paper analyzes the problems of interests protection of creditors under the the implementation of unlimited subscription system. I think that the protection of the creditors interests is the foundation of company building, and we should set up a perfect creditors protection mechanism in the whole range of the "company law". I discuss about the the protection of the creditors interests roughly from four aspects, such as improving corporate information publicity system, improving the the system of company personality denied, establish a mechanism of the participation of creditors in corporate governance and stipulate the compensation liability of company directors to creditors.