The idea that the statutory capital system has increased both the difficulty and the cost for the establishment of companies is actually a pseudo proposition.
法定资本金制度、授权资本金制度与折衷资本金制度是世界三种主要资本金制度,这三种制度各有利弊。
Hence, statutory capital system has less demand for social credit mechanism, which indicates statutory capital system is more propitious to actualize the value of safety with the shortage of credit.
Under statutory capital system, it is shareholders and corporations who shall bear the risk of limited liability, and the protection to the benefits of creditors has been made in advance.