Question: Can you tell me briefly the process of increasing charter capital? How long will it take? Thanks.
Answen: The process of increasing charter capital is different from types of company, please provide more details so I can give an accurate consultation:
1) Type of company: Limited Liability company or Joint Stock company.
– If it is Limited Liability company, is it a Sole Member Limited Liability company or a Limited Liability company having Two members upward?
– If it is Joint Stock Company, is it a listed company (in stock exchange) or an unlisted company ? and how many shareholders does it have ?
– Local company or Foreign invested company ?
2) The way of increasing charter capital
– Current company’s members/shareholders shall invest more money by themselves under respective ratio of charter capital contribution; or
– Having new member(s)/shareholder(s) and such member(s)/shareholder(s) shall invest more money ?
3) Charter capital shall be invested by money (in cash only) or asset ?