Traditional Culture Encyclopedia - Traditional festivals - Can the traditional crafts of intangible cultural heritage be funded?
Can the traditional crafts of intangible cultural heritage be funded?
According to the Company Law, shareholders can make capital contributions in cash or in kind, intellectual property rights, land use rights and other non-monetary properties that can be valued in money and transferred according to law. In particular, it is put forward here that "non-monetary property that can be valued in money and transferred according to law can be invested at a fixed price", except for property that cannot be invested according to laws and administrative regulations. For example, shareholders are not allowed to make fixed-price contributions with labor services, credit, natural person's name, goodwill, franchise rights or secured property. Therefore, as an intangible cultural heritage, traditional handicraft technology can be used as capital contribution if its value can be evaluated, but not as capital contribution if it is only labor itself. It is suggested that the copyright of this process should be protected and its value should be evaluated.
Relevant laws and regulations:
Article 27 of the Company Law of People's Republic of China (PRC) * * * Shareholders may make capital contributions in cash, or in kind, intellectual property rights, land use rights and other non-monetary properties that can be valued in money and transferred according to law; However, except for the property that cannot be used as capital contribution as stipulated by laws and administrative regulations. Non-monetary property as capital contribution shall be evaluated and verified, and its value shall not be overestimated or underestimated. Where there are provisions in laws and administrative regulations on evaluation and pricing, those provisions shall prevail.
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