Sole proprietorships are transferable. Specifically, this is a shareholder change in a sole proprietorship. The specific provisions of the law are that if a sole proprietorship is a limited company, the equity can be transferred. If a dispute arises due to the equity transfer, it should be a dispute over the equity transfer contract. It can be seen that, In terms of equity transfer, a sole proprietorship is the same as a legal person. Therefore, after the transfer, only the shareholders change, and the company itself is not affected.

Legal Basis

"Sole Proprietorship Law of the People's Republic of China" Article 2 The term "sole proprietorship" as mentioned in this Law means a sole proprietorship established within the territory of China in accordance with this Law. An operating entity invested by a natural person, the property is owned by the investor personally, and the investor bears unlimited liability for corporate debts with his personal property.