Paid-in capital contribution refers to the actual payment of capital contribution by investors in accordance with the provisions of the articles of association of the company when the company is established. In the modern company system, the paid-in capital contribution is the basis for the establishment of the company, and it is also the embodiment of the investor's fulfillment of the capital contribution obligation. So, what is the paid-in capital contribution?
First of all, the paid-in capital contribution must comply with the provisions of the company's articles of association. The articles of association of the company are the "constitution" of the company, which stipulates the organizational structure, management methods, rights and obligations of shareholders, etc., including the method and amount of capital contribution of shareholders. Therefore, the investor must actually pay the subscribed capital contribution to the company's account within the specified time in accordance with the provisions of the company's articles of association before the paid-in capital contribution can be regarded as completed.
Secondly, the paid-in capital contribution needs to meet the statutory capital verification procedures. In the process of paid-in capital contribution, investors need to transfer the capital contribution into the capital verification account designated by the company, and the capital verification report will be issued by the accounting firm. The capital verification report is an important basis to prove that the investor has completed the paid-in capital contribution, and it is also one of the necessary materials for the company to complete the registration with the Industrial and Commercial Bureau. Therefore, investors must make paid-in capital contributions in accordance with the statutory capital verification procedures, otherwise they may be identified as false capital contributions or illegal acts such as withdrawing capital contributions.
Third, the paid-in capital contribution must be used for the company's operation. The amount of capital contributed by the investor must be used for the company's daily operation and business development, and cannot be diverted for other purposes. If an investor uses the amount of capital contribution paid in for personal consumption or repayment of personal debts, which is not related to the company's operation, it may be deemed to have violated the obligations and responsibilities of shareholders and may be subject to corresponding legal sanctions.
Finally, after the paid-in capital contribution, it is necessary to file and register with the industrial and commercial bureau. After the investor completes the paid-in capital contribution, it needs to be filed and registered with the industrial and commercial bureau and record the paid-in situation in the company's industrial and commercial registration materials. This step is to ensure that investors have fulfilled their capital contribution obligations and are also an important guarantee for the company's legal operation. If the investor fails to file and register in a timely manner, it may lead to the company's operation being hindered or being penalized by the industrial and commercial bureau.
To sum up, the paid-in capital contribution is the basis for the establishment and operation of the company, which must comply with the provisions of the company's articles of association, meet the statutory capital verification procedures, be used for the company's operation and be filed and registered with the industrial and commercial bureau. Only when investors have completed the requirements for paid-in capital contributions can they ensure the legal establishment and operation of the company, and at the same time protect their legitimate rights and interests from infringement.