Presently,almost critical studies of legal capital system in China are focusing on the difficulties of putting the concrete rules of this system into practice.

The strict legal capital system enforced in China results in the high cost to incorporate a company and is not propitious for the further expansion of a company.

Scale, efficiency, competition and statutory capital system;

It is based on the statutory capital system in our country.

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.

This article first limits the concept of company capital system, then compares the statutory capital system, the authorized capital system and the eclectic authorized capital system to inquire the tendency of company capital system.

The systemof the formation of the capital includes the statutory capital system, the authorizedcapital system and the eclectic capital system, therein the statutory capital systemincludes the strict statutory capital system and the relaxative statutory capital system,the three kinds of the systems of the formation of the capital have their own specificco.

There are three modes of company capital systems that have been developed in thecountries of civil law system and common law system during the long history of thelegislation for companies: the statutory capital system focusing on security; the authorizedcapital system focusing on efficiency, and the electric capital system between the abovetwo system.

There are three capital systems in the world: legal capital system,accrediting capital system and compromise capital system.

Accordingly, this thesis proposes that the legal capital system be revised and improved with easy access, the credit mechanism strengthened, and civil responsibility system perfected.