Field noteReading the capital figure

Registered vs paid-in capital: neither is cash on hand

Compare the committed amount with any recorded contributions, and note the date. Registered capital (注册资本) tells you about a funding commitment. It cannot show how much cash your supplier has available for your order.

Compare subscribed and paid-in amounts →

· · 5-minute read · Prepared by Bao L. Zhou (Derrick), Jinan, China.

1. Compare 认缴 with 实缴

  • 认缴 (subscribed): the amount shareholders commit to contribute. Under the general rule for limited liability companies, this is the registered-capital figure.
  • 实缴 (paid-in): the recorded amount contributed. It may include non-cash assets. It does not show today’s bank balance.

Check the unit, currency and date before comparing amounts. If paid-in capital is missing, keep it marked as unavailable. Do not substitute the subscribed amount or assume zero.

2. What to ask before you order

  • For a large order: ask how production will be funded. Assess finances as a separate task; review the scope of financial and legal due diligence if you need more than registry fields.
  • If the amounts differ: ask about the contribution schedule. A gap between subscribed and paid-in capital does not explain whether an order can be funded.
  • If the figure changed: read the date and details in the change history. Keep the source and query date in your order file.

Have your supplier’s company code? Follow the official registration search steps → Record the source, query date and missing fields. Our free scope tool reads supplied text; it does not fetch capital records.

Follow the official registration search steps, or request a China-side record check. This guide is not legal or financial advice. Get qualified advice if contribution deadlines affect your contract.

3. Which contribution deadline applies?

For limited liability companies established from 1 July 2024: Article 47 generally requires contributions within five years of establishment. Separate requirements in laws, regulations or State Council decisions take precedence.

For earlier limited liability companies: check the remaining period as measured from 1 July 2027. If it exceeds five years, the company generally must shorten it to within five years and amend its articles by 30 June 2027.

That is a schedule-adjustment deadline, not a requirement for every earlier limited liability company to pay everything by June 2027. Joint-stock companies have different transition requirements. Specified exceptions also exist.

Check Company Law, Article 47, and the registered-capital transition rules, Article 2. The rules took effect on 1 July 2024.

4. Ask what changed if capital was reduced

A reduction can reflect an adjustment to the contribution schedule. It does not by itself establish financial distress or explain the company’s finances.

Ask for the reason, the filing date and the revised schedule. Review any status issues, enforcement records or change of legal representative alongside it. Resolve unexplained changes before relying on the supplier’s account.

Research examples: contributions and shareholders

In 46 selected platform records queried on 28 August 2026, 16 of 46 (34.8%) had matching paid-in and subscribed values. 13 of 46 (28.3%) had a lower paid-in value; 17 of 46 (37.0%) had an empty paid-in field. The 44 numeric CNY subscribed values ranged from ¥100,000 to over ¥1 billion. These fields do not verify payment. See the sample and field definitions.

In a separate saved 264-name frame queried on 8 August 2026, 97 of 262 records with paired capital fields (37.0%) showed paid-in below subscribed capital. Two lacked paired fields. Original list sources still need checking, as the study explains. These separate samples do not show your supplier’s current position.

The table counts returned shareholders for 45 selected company codes from a 106-name China-labelled trailer frame in the US NHTSA data. Queries ran on 21–22 August 2026 through one commercial source. Code selection did not independently verify identity.

Returned shareholder counts for 45 selected codes. Queried 21–22 August 2026.
Shareholders on recordCompanies
One18
Two or three21
Four or more5
No shareholder record returned1
Returned shareholder counts for 45 selected codes. Queried 21–22 August 2026. One: 18; Two or three: 21; Four or more: 5; No shareholder record returned: 1.
Returned shareholder counts for 45 selected codes. Queried 21–22 August 2026.

18 of the 44 returned shareholder records showed one shareholder. That count does not establish how much was paid in, who can accept orders or who can return deposits.

Only shareholder counts are published here. Shareholder identities are excluded. See the 45-code selection notes for the sample and method.

Optional: how often registration details changed

Why the query date belongs next to the figure

Change entries returned for the saved 264-name frame in one commercial-source query on 8 August 2026.
Retrospective measureResult
Companies with at least one registered change264 of 264 (100%)
Amended their registration within the last 12 months145 of 264 (54.9%)
Amended within the last 24 months207 of 264 (78.4%)
Median lifetime changes on record39

This table counts registration changes of all types, not capital changes alone. Use it as a reminder to date your own lookup.

Official sources

Company Law, Articles 47–48: limited liability company capital and forms of payment allowed. State Council Order No. 784, Article 2: transition schedules and exceptions.

Official texts checked 5 September 2026. Research figures retain their original query dates.

Frequently asked questions

Is a large registered capital proof that a Chinese supplier is financially strong?

No. For a limited liability company, registered capital generally records shareholders’ committed contributions. It does not show available cash or the ability to fund your order.

What did the 2024 Company Law change about registered capital?

From 1 July 2024, new limited liability companies generally have a five-year contribution period under Article 47. Earlier companies have transition rules. For affected earlier limited liability companies, 30 June 2027 is a schedule-adjustment deadline, not a universal payment deadline.

Is a capital reduction in a supplier's record a red flag?

Not on its own. Ask for the reason, filing date and revised contribution schedule. Review those alongside status changes and other records before drawing a conclusion about financial distress.

What is the difference between subscribed (认缴) and paid-in (实缴) capital?

Subscribed is the committed amount. Paid-in is the recorded contribution, which can include non-cash assets. Neither is a current bank balance. If paid-in capital is absent, mark it as unavailable.

How we checked

Three sets of records sit behind the research examples on this page. Shareholder counts come from 45 selected company codes, queried on 21 and 22 August 2026 through one paid data source. Change entries come from a saved 264-name frame, queried through one commercial source on 8 August 2026, and the original list sources for that frame still need checking. The 46 selected commercial platform records behind the field counts say nothing about identity, cash in the bank or factory output. The latest check date marked here is 28 August 2026, and editing the page did not re-run any check.

The legal texts were read on 5 September 2026 and are linked under Official sources. The research figures keep the query dates given beside them.

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