Is it possible to contribute assets to a company contrary to prior commitments?
Based on Clause 2, Article 47 of the 2020 Enterprise Law regulating capital contribution for company establishment as follows:
Members must contribute capital to the company in full and with the correct type of assets as committed when registering for business establishment within 90 days from the date of issuance of the Enterprise Registration Certificate, excluding the time for transporting, importing contributed assets, and conducting administrative procedures to transfer asset ownership rights. During this period, members have rights and obligations corresponding to the committed capital contribution ratio. Members of the company can only contribute capital to the company with different types of assets from the committed assets if approved by more than 50% of the remaining members.
Thus, according to the above regulation, capital contribution may be made with different types of assets but must be approved by more than 50% of the remaining members.
Respectfully!









