The authorised capital of a company (sometimes referred to as the authorised share capital, registered capital or nominal capital, particularly in the United States) is the maximum amount of share capital that the company is authorised by its constitutional documents to issue (allocate) to shareholders.

What is registered capital China?

According to Company Law of PRC, registered capital is the fund all the shareholders contribute or promise to contribute to the company as they apply with local Administration of Industry and Commerce (“ AIC” ) for incorporation of the company.

What is capital in company registration?

Authorised share capital is the maximum portion of the capital for which the company may issue shares to its shareholders or promoters. The authorised share capital of company registration is a part of its memorandum of association under the capital clause.