Q:
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Could the capital of a limited company transfer to a foreign investor?
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A:
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Yes, the foreign investor is required to appoint a local agent to handle the procedure of transfer of shares.
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Q:
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If the capital of a limited company transfers to a foreign investor, does it require the verification of capital by the CPA?
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A:
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The procedure of transfer of capital contributed does not need capital verification by CPA.
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Q:
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Could the shareholder of a limited company withdraw the shares?
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A:
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No. After the company registered, the shareholdings could not be withdrawn, the shares of the company could only be transferred, or the shareholdings purchased by others.
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Q:
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If the shareholder is a civil servant, could they set up a company?
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A:
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Yes, however, there will be some restrictions, such as the business invested could not be related to the department that served and could only act as the shareholder that does not execute business.
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Q:
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What is the restriction for the civil servant that invests in a company?
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A:
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The business that invested by the civil servant, the business invested could not be related to the department that served, the civil servant could only act as the shareholder that does not execute business, the shareholdings of the civil servant could not more than 10% and could only act as the shareholder, the civil servant could not act as the director, supervisor, founder, manager, temporary administrator, liquidator, reorganizer, etc.
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