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What are the provisions of the new company law for a one-person limited liability company?
Legal analysis: In order to facilitate social capital to invest in the economic field, the new company law allows natural persons or legal persons to set up limited liability companies. The main relevant provisions are as follows: the minimum registered capital is RMB 654.38+million, and shareholders shall pay the capital contribution stipulated in the Articles of Association in full at one time. A natural person can only invest to set up a one-person company, and a one-person company cannot set up a new one-person limited liability company. When a one-person shareholder exercises the decision-making power within the decision-making scope of the shareholders' meeting, it shall be made in writing, signed by the shareholders and placed in the company. Statutory compulsory audit at the end of the fiscal year. Presumption system of corporate personality abuse with joint liability for corporate debts.

Legal basis: People's Republic of China (PRC) Company Law.

Article 57 The provisions of this section shall apply to the establishment and organization of a one-person limited liability company. Where there are no provisions in this section, the provisions in the first and second sections of this chapter shall apply. A one-person limited liability company as mentioned in this Law refers to a limited liability company with only one natural person shareholder or one corporate shareholders.

Article 58 A natural person can only invest in the establishment of a one-person limited liability company. A one-person limited liability company cannot invest in the establishment of a new one-person limited liability company.

Article 59 A one-person limited liability company shall indicate the sole proprietorship of a natural person or legal person in the company registration and indicate it in the company business license.

Article 60 The articles of association of a one-person limited liability company shall be formulated by the shareholders.

Article 61 A one-person limited liability company shall not set up a shareholders' meeting. When making the decisions listed in the first paragraph of Article 37 of this Law, the shareholders shall make them in written form, signed by the shareholders and kept in the company.

Article 62 A one-person limited liability company shall make financial and accounting reports at the end of each fiscal year and audit them by an accounting firm.

Article 63 If the shareholders of a one-person limited liability company cannot prove that the company's property is independent of the shareholders' own property, they shall be jointly and severally liable for the company's debts.