Established on September 6, 2016, YuQi WanYe Management Consulting (Beijing) Co., Ltd. offers services including: management consulting, translation services, conference services, financial consulting (excluding auditing, accounting, evaluation, accounting consultation, agency accounting, and other business activities requiring special approval; no audit reports, statements, accounting reports, or evaluation reports are provided), trademark agency, corporate services, leasing of office space (not for operation as a tangible market), technology promotion and transfer, technology development, technical consultation, technical services, educational consultation, economic and trade consultation, public relations services, conference services, graphic design, corporate planning, design, production, agency, and release of advertisements, market research, organization of cultural and artistic exchanges, literary and artistic creation, organizing exhibitions and displays, natural science research, engineering and technical research, agricultural scientific research, research (excluding medical treatment), agency accounting, stamp engraving, power supply (sales of electricity), business operations, brokerage services, agency services, internet cultural activities, internet information services, property management, and more.

Company Transfer Precautions:

1. Debt Issues: This pertains to the acquirer of the company, as debts are transferred along with the company. If you fail to investigate these issues, you will be liable for the original company's debts upon taking over.

2. Verify Company's Operation Status: 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 Company Annual Inspection: As an important form of inspecting enterprises, failing to participate in the annual inspection on time will inevitably lead to a drop in the company's credibility and will be documented as well.

4. Review the company's financial reports: Has the registered capital been fully paid in? Are there any instances of capital withdrawal? Are the company's accounts legal? etc., to avoid unnecessary troubles in the company transfer.

To notarize a complete company transfer, then use the equity transfer document to handle the change of legal representative and shareholders at the Administration for Market Regulation, along with a series of other company-related information changes.

1. Pursuant to the Notice on Business Tax Issues Related to Equity Transfer issued by the Finance Department and the State Administration of Taxation (Cai Shui [2002] No. 191), effective January 1, 2003, no business tax will be levied on equity transfers.

2. Entire company transfer documents, with a stamp duty of 0.05%. If it's a publicly listed company's transaction in the market, a stamp duty of 0.1% will apply per share transfer document.

3. If you are an individual, pay 20% personal income tax on the transfer earnings; if you are a corporation, include it in the taxable income for the year and calculate the corporate income tax.

4. Shareholders pay personal income tax on their income, and the gains from the transfer of the enterprise are incorporated into the total income for corporate income tax. Whether it's a corporation or an individual, if there's a treaty, taxes are levied based on the treaty amount. There is no business tax on the transfer of equity. For personal transfer of equity, taxes are paid as follows: Personal income tax; according to the "Personal Income Tax Law of the People's Republic of China" and its implementing regulations, the original shareholder shall pay personal income tax on the income from the transfer of equity under the "Income from Property Transfer" category. For corporate transfer of equity, taxes are paid as follows: (1) Business tax: According to the "Notice of the Ministry of Finance and State Administration of Taxation on Issues Related to the Transfer of Equity" (Cai Shui (2002) No. 191), there is no business tax on the transfer of equity; financial accounts can be transferred indirectly. For the transfer of equity, individual shareholders must pay a personal income tax of 20% on the difference in value.

Company transfer requires changes to the following aspects:

1. Change of Legal Representative: The legal representative is the person in charge of exercising the company's powers, acting as the company's representative to the outside world. In reality, the legal person is often the investor and founder of the company. When a company is transferred to another entity, the direct result is a change in the person in charge, i.e., the legal representative must be changed; otherwise, it cannot be called a transfer.

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

3. Bank Account Change: The bank account is closely linked to the company. After the legal person changes, the account 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 as well.

Company Transfer Process:

1. The transfer of the company requires a resolution by the shareholder's meeting, seeking the opinions and suggestions of 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 also required to prevent any loss of state-owned assets due to the transfer of the company.

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

4. Redeem capital from original shareholders, distribute new shares 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 adjustments to certain sections of the articles.

6. Amend the shareholders' register and conduct business registration changes.

7. Handle transfer procedures at the Industrial and Commercial Administration Bureau, Quality Supervision and Inspection Bureau, and Tax Bureau.

8. Announce to the entire company.

YiQi WanYe Management Consulting (Beijing) Co., Ltd. has gained high recognition in the industry for its integrity, strength, and product quality. Welcome friends from all walks of life to visit and discuss business.