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Does it matter if the company's bank account is not cancelled

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Does it matter if the company's bank account is not cancelled


        

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  • 2024-06-18 23:00:57

    influential.
    A company's bank account will be transferred to a long suspended account if no business occurs and the account is audited annually for a year. No matter where it is, as long as it is a long suspended account, the company can no longer open a new account in the bank, and the account will also involve charges and default interest. If you want to open a new account, you must close the long pending account.
    Article 28 of the Company Law
    The shareholders shall pay their respective subscribed capital contributions as stipulated in the Articles of Association in full and on schedule. Where a shareholder makes a capital contribution in currency, he shall deposit the full amount of the capital contribution in currency into the bank account opened by the limited liability company; Where a capital contribution is made in non monetary property, the transfer of its property rights shall be handled according to law. If a shareholder fails to make the capital contribution in accordance with the provisions of the preceding paragraph, he shall not only make full payment to the company, but also bear the liability for breach of contract to the shareholders who have made full payment on schedule.

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