The procedure for changing the name of a company in China turns out to be complex. Any changes to the company name must be filed with each respective governing authority and get well prepared of the documents required. It is crucial that companies duly prepare for each step in the process prior to filing an initial application, by doing this, much effort will be saved. This article compiled relevant info about the document required for Shanghai WFOE company name change, hope this would help.
Step1: Documents required for filing with the local State Administration for Industry and Commerce (SAIC)
1.A written application for a change to the company’s registered information, signed by the legal representative;
2.A resolution or decision on the change, made in accordance with the Company Law; and
3.Other documents as specified by the local SAIC.
Step2: Documents required for filing an application with its original SAIC body of registration for a change of information on its business license
1.An application to change the registered information, signed by the legal representative and chairman of the board;
2. A resolution to change the registered information, issued by the chairman of the board;
3. Approval for the change in registered information as obtained from SAIC in Step1;
4. And Other relevant documents.
Step3: Documents required for Updating tax registration after Step 1 and 2
1.Approval from local SAIC to modify the company registered information and the business license;
2.Documentation of a change in taxpayer registered information (not applicable, unless the name change is accompanied by a change in other registered information);
3.The company’s original taxation registration certificate (original and duplicates); and
4.Other relevant materials.
Take notes: The company will then be asked to fill out an application form for the change in registered information, which will be processed by the taxation authorities within 30 days of receipt. If successful, the company will be issued a new taxation certificate. Various punishments apply to a company that fails to register changes to its registered information with the taxation authorities.
As illustrated by the above, changing the name of a company in China is no easy task. Given the proper planning, however, it can be done. Depending on the number of documents needing to be updated, the overall process can carry on for months, excluding the time required for the company to prepare internal documents. For these and other reasons, companies are strongly advised to contract the expertise of an experienced services provider. We equipped with professional tax and legal advisory team, enabling us help you successfully changing the company name in a efficient manner. For more information, please feel free to contact us.
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