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Throughout the Spring Festival holiday, Qin Mu was almost thinking about stocks, without it, because of the issuance of stocks, there is a positive side of providing a financing platform for enterprises and sharing risks. There is also a very dark side to capital plundering and passing on risks.

If you don't think it carefully and launch it rashly, maybe its positive side will not play much, and the murderous side will make the country and ordinary people miserable first.

In the Pujia Palace, ambergris wafted out in the beast furnace. Qin Mu took a pen and wrote on the paper:

The branch does not have an independent company name, articles of association, independent property, and does not have legal personality, but it can obtain a "business license" (instead of a "business license for enterprise legal person") and conduct business activities in "its own name", and its civil liability shall be borne by the "head office".

The subsidiary has the status of a legal person, and the subsidiary and the parent company are legally independent enterprises, and the subsidiary independently bears civil liability in accordance with the law.

These days, Li Xiangjun and Liu Ru are both serving in the Mopu Jia Palace, and they can see that the emperor seems to have drafted a legal text, which has been refined to the branches and subsidiaries.

From the few lines he just wrote, it is not difficult to see the difference between a branch and a subsidiary.

They have always claimed to be extraordinary, but these things that Qin Mu has come up with now, they can be said to know nothing, and they can't help at all.

Looking at Qin Mu, who sometimes closed his eyes and pondered, and sometimes sketched with his pen, this person who failed to do three attempts, his wealth of knowledge made Li Xiangjun and Liu Ru breathtaking, and the admiration in their hearts was difficult to express in words.

Qin Mu wrote a lot more, before he put down his pen and stretched his waist, Liu Ru hurriedly went up to help him massage his shoulder, and Li Xiangjun said distressedly: "Your Majesty, take a rest when you're tired." Otherwise, your majesty said. The slave came and wrote it. ”

Qin Mu smiled: "That's fine, Xiangjun, come on." ”

Qin Mu's big chair Li Xiangjun didn't dare to sit, she spread a line note on the small table next to her, and then waited: "Your Majesty, what's next, the slave is ready." ”

"Rong Zhen thinks about it."

Qin Mu leaned back on the big chair, while enjoying Liu Ruyi's gentle massage, he closed his eyes and thought, and after a long while, he slowly said: "The registered capital of a limited liability company is the amount of capital contribution (not paid-in capital' (not paid-in capital) of all shareholders registered with the company registration authority.

The initial capital contribution of all shareholders shall not be less than 20% of the registered capital, nor shall it be less than the statutory minimum amount of registered capital (5,000 dragon coins). The remainder is paid up by the shareholders within two years from the date of incorporation of the company, of which the investment company can be paid up within five years"

Qin Mu had many enterprises in his previous life, including a listed company, and he knew that there were many doors, and to launch the stock market as a financing platform, a series of supporting laws such as the "Company Law" and certified public accountants and corresponding supervisory agencies were indispensable.

Otherwise, the stock market will become a black hole of frenzied plundering by capitalists.

The emergence of a company limited by shares, which leads to the separation of ownership and use rights of the enterprise, resulting in the company's investors not directly participating in the company's operation;

At the same time, the government finance and taxation departments and relevant competent departments. Banks, corporate creditors, potential creditors and other relevant stakeholders will pay close attention to the operation and results of the enterprise to protect their own interests.

To put it more bluntly, the securities market is a platform. Stocks are commodities, and intermediaries are needed to disclose whether they are as legitimate and fair as they advertise. Finally, it is necessary for the strong institutions of the state to supervise and punish them after the fact. There must be implication before, during, and after the event.

So who will identify and reveal the substance of the goods? This requires a relatively neutral organization, the CPA.

Certified public accountants should audit the finances of joint-stock companies or financial reports in specific areas with professional financial and tax knowledge from the standpoint of neutrals.

Certified Public Accountant (CPA) audits and notarizations; and fraud prevention for the purpose of protecting creditors. In order to protect the safety and integrity of enterprise assets, and to protect the legitimacy and fairness of the formation and composition of corporate profits for the purpose of protecting investors.

In other words, to launch a stock trading platform. The law in the early stage and the perfect financial audit system are absolutely indispensable.

Among them, certified public accountants are particularly important, without them, the managers of the enterprise can wantonly embezzle the interests of the owner of the enterprise, that is, every shareholder, and create a large number of economic bubbles.

Qin Mu asked Li Xiangjun to write about the relevant legal and institutional framework in this regard, as well as the setting of some necessary supporting institutions.

He roughly thought of what to say, Li Xiangjun didn't care, he said what he said word by word, and then let him sort it out by himself afterwards, no way, they knew too little about this, and they couldn't help if they wanted to help sort it out.

However, Liu Ru's skillful massage techniques made Qin Mu's body slowly relax, and the whole person became a little lazy, and his brain didn't think about anything.

This is not good, he simply hugged Liu Ru is arms, and stroked this round and jade person with both hands, and said to Li Xiang: "The certified public accountant has two rulers in his hand, one ruler is to measure whether the financial report of the enterprise is in line with the financial system formulated by the state, so as to ensure that everyone has a unified caliber of financial results accounting; The second is their own practice yardstick. It is similar to judicial independence and impartiality. ”

Liu Ru is sultry and beautiful, not because she is ashamed in front of Li Xiangjun, this is nothing at all. Since ancient times, kings have seventy-two concubines in three palaces, six courtyards, and countless beauties in the harem;

Some emperors let a large number of beauties strip naked and lie in a flat row, and then roll over the beauties, and finally stop at whomever they are, just to be lucky, all kinds of tricks only you can't think of, there is nothing they dare not do.

Although Qin Mu is not an emperor who is extravagant, after all, he is in his twenties, and it is common to pull Li Xiangjun and Liu Ru to sleep together. This kind of thing also abounds in ordinary official homes.

Liu Ru's face was flushed, not because of shyness, but purely because of her body's reaction. There is geothermal heat in the Pujia Palace, warm as spring, she doesn't wear much, Qin Mu is good at understanding people's clothes, at this time she is already disheveled, half-covered and half-hidden, the two pears on her chest fell into Qin Mu's hands, and they were changing shapes with his hands

"Your Majesty, what else is there?" Li Xiangjun looked up, her asking voice was a little strange, soft, greasy, she bit her moist cherry lips, trying not to look at Qin Mu's movements.

Qin Mu's movements on his hand not only did not affect his thinking, but on the contrary, it seemed to be somewhat helpful, and he said in a brisk tone: "In addition, there is another problem that must be paid attention to, that is, there is no counseling before entering the market, the entry threshold is too low, and the company whitewashes its performance to deceive investors. Then, after the money is obtained, due to subjective and objective reasons, the enterprise will go bankrupt or suffer large losses, and finally suspend trading, and the shareholders' money will be lost. This is also something to be particularly guarded against. ”

"Mmmm, slave slave write it down" Li Xiangjun sighed secretly, calmed down, and hurriedly wrote down what he said, and when he was halfway through the memorization, he heard Liu Ru is slight and smiling from the side of the imperial table, which made the tip of her pen tremble, and the horizontal side of the pen was almost crooked.

She pinched herself, secretly blaming herself for being a little uncompetitive, and then couldn't help pouting, a man is bad, which made her uneasy, the strength on her body was drained, and the pen was almost unstable. I can't help but think of the past when several people were sleeping together and waiting for him together, if it weren't for these previous experiences, she might not be like this now.

Liu Ru is tactful voice was getting louder and louder, Li Xiangjun couldn't help but look at it from the corner of her eye, but saw that she was sitting in Qin Mu's arms, her skirt fell to the side, a pair of jade legs and buttocks were pink, and her right hand was reaching under her body to get groping, and then seeing her slowly sit down, her body seemed to tense little by little

Li Xiangjun's breathing also became inexplicably short, and she hurriedly opened her head, only to find that her body was a little strange, and the skirt was already wet and hot

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PS: Ladies and gentlemen, this chapter once again shattered my chastity, what are you waiting for, the double monthly ticket war, in full swing, the material has been added, please smash the monthly pass under your hands, and urgently ask for a monthly pass! Desperate for a monthly pass!.

(To be continued......)