There is no requirement for the registered capital of general taxpayers of newly established industrial enterprises. There are only two conditions for applying for general taxpayers:
First, sound financial accounting
Second, the income can reach the standard
The sound financial accounting requires enterprises to improve and perfect the accounting of account purposes, income and tax payment. There should be more than two professional financial personnel.
If the income reaches the standard, it depends on whether the enterprise can meet the conditions of income standard. Equipment, plant, personnel and registered capital are the basis to prove that your annual income can meet the standard. So at least you should have machinery and equipment, factory buildings, specific products and sales channels. In short, you should prove that you have the production capacity to meet the income standards.
Article 23 of the Company Law The conditions for the establishment of a limited liability company
To establish a limited liability company, the following conditions shall be met:
(1) The number of shareholders meets the quorum;
(2) The amount of capital contribution subscribed by all shareholders in accordance with the Articles of Association;
(3) The shareholders shall jointly formulate the Articles of Association;
(4) Having a company name and establishing an organization meeting the requirements of a limited liability company;
(5) The company has its domicile.