Changes in Chinese Company Statute

Sometimes, during a company’s operation and business development, it may be necessary to make some changes in the existing company’s statute. Among the most common changes are the following:

  • Change of copmpany name;
  • Change of legal or business address;
  • Change or adding of business scope;
  • Adding of new shareholder;
  • Change of company's legal representative;
  • Increasing of company’s authorized capital.

Cost of service: 800 RMB (122 USD) / per change.

Timescales and set of required documents may vary depending of the exact change.

Liquidation of a Company in China

In some cases, it may be necessary to liquidate a company. Foreign invested enterprises in China must stop operating if there is one of the following conditions:

  • Expiry of the established period;
  • Decision of the foreign investor to cease business activity, due to enterprise low efficiency or serious loss;
  • Impossibility to keep on business activity, due to significant losses caused by insurmountable circumstances such as natural disasters, wars, etc;
  • Bankruptcy;
  • Violation of Chinese law or public interests;
  • Other cases mentioned in the company’s statute.

The decision to begin a company’s liquidation must be announced in timely manner. The liquidation of the company must be performed in accordance with the procedures established by law.

Cost of service: 2000 RMB (305 USD)

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