China's New Company Law: The Registered Capital Management System
In this recorded Woodburn Academy presentation, Kristina Koehler-Coluccia explains the registered capital management system introduced under China's revised Company Law. It runs for about eleven minutes.
About the speaker
Kristina Koehler-Coluccia is Head of Business Advisory at Woodburn Accountants & Advisors. She has spent more than two decades helping foreign companies set up and run their operations in China and Hong Kong, and she leads the firm's Woodburn Academy sessions.
What this session covers
The key features of the updated registered capital management system
What changed from 1 July 2024, and the thinking behind it
The effect on corporate governance and compliance obligations
Shareholder commitments, contribution deadlines and transparency
Practical steps for adapting an existing company, and what it means for foreign investors
Why this matters if you have a company in China
Registered capital used to be a number that companies picked to look credible and then largely forgot about. Under the revised Company Law it is a commitment with a timetable attached, and shareholders are expected to meet it. For an existing company that means checking what was subscribed, when it is now due, and whether the figure still makes sense for the business you actually run. Reducing or restructuring it is possible, but it is not instant.
This is worth reviewing alongside China company registration, the annual tax and audit position, and the bookkeeping behind it in cloud accounting and financial reporting.
Watch the full session
Thinking about setting up in China?
Woodburn Accountants & Advisors helps foreign companies register and run entities in China and Hong Kong, from company registration and trademark protection through to accounting, payroll, tax and audit. If this session has raised questions about your own plans, get in touch with our team.
