Established in 2016, our company has been providing corporate services for many years, specializing in Beijing business registration, company dissolution, approvals, and a comprehensive range of corporate services. We believe our excellent service will make us your reliable partner.

Company Transfer Process:

1. The transfer of the company requires a resolution by the shareholders' meeting, seeking opinions and suggestions from the shareholders, and discussing the specific matters of the transfer.

2. If the company being transferred involves state-owned assets, an assessment of the state-owned assets is required to prevent the loss of state-owned assets due to the transfer of the company.

3. Both parties negotiate the company transfer matter, and upon reaching a consensus, proceed to sign the contract to regulate each party's obligations.

4. Retract original shareholders' contributions and issue new ones to new shareholders.

5. Amending the company's articles of association; the addition of new shareholders will lead to changes in the company's structure, thus necessitating some alterations to certain sections of the articles.

6. Amend the shareholder register and conduct business registration changes.

7. Handle the transfer procedures at the Administration for Market Regulation, Quality Supervision, Inspection and Quarantine, and Tax Bureau.

8. Announce to the entire company.

Basic Steps for Company Transfer:

1. Hire a lawyer for due diligence.

2. Both parties engage in substantial negotiations and discussions.

3. Negotiate and determine the share transfer price.

4. Conduct a capital verification at an accounting firm for the changed capital.

5. The seller and the buyer enter into a Share Transfer Agreement or a Share Transfer Contract.

6. Handle change and registration procedures at respective departments.

Company Transfer Precautions:

1. Debt Issues: This pertains to the acquiring party, as debts are subject to change with the transfer of the company. If you fail to investigate these matters, you may assume the original company's debts upon taking over.

2. Verify Company Operation: Check if the transferred company was legally operated, if there were any illegal activities during its operation, and if there are any negative records in the business administration archives.

3. Timely Participation in Annual Company Inspection: As an important form of inspecting enterprises, failing to participate in the annual inspection on time will inevitably lead to a decrease in the company's credibility and will be documented.

4. Review the company's financial reports: Has the registered capital been fully paid in? Are there any signs of capital withdrawal, and are the company's accounts legal? This helps avoid unnecessary troubles during the company transfer.

Parts to be changed for company transfer:

1. Change of Legal Representative: The legal representative is the person in charge of exercising the company's authority, serving as the company's external representative. In practice, the legal representative is often the investor and founder of the company. When a company is transferred to another entity, it inevitably leads to a change in the person in charge, i.e., the legal representative must be changed; otherwise, it cannot be considered a transfer.

2. Tax Information Update: With the implementation of "Three Certificates in One," tax registration and business registration are integrated. However, after the transfer of a company, it is still necessary to register and file with the tax authorities. After the change of legal representative is completed, a new business license will be obtained. At this point, the company should use the business license and other relevant documents to register with the tax department.

3. Bank Account Changes: The bank account is closely related to the company. After the legal person changes, it also needs to be updated. It is also crucial to change the license. The license is issued by the Bank of China and includes information such as the company name, legal representative, bank, and account number. Therefore, whenever there is a change in the legal person, the bank account must be updated accordingly.

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