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Can a self-employed person be converted into a company?

Yes, an individual business owner can be changed to a limited company.

Cancele the individual business owner and register a new company according to the procedures for establishing a limited company. When choosing a new company name, give priority to the name with the original font size. Registered trademarks, etc. can also be invested in new companies as intangible assets in accordance with regulations. Individual industrial and commercial households can also be converted into limited companies through enterprise conversion. An enterprise transfer means that a registered individual business owner is upgraded to an enterprise. The type of enterprise after transformation and upgrading is generally a limited liability company. Under special circumstances, it can also be transformed and upgraded to a partnership or a sole proprietorship.

Individual industrial and commercial households refer to natural persons or families who are approved and registered in accordance with the law and engage in industrial and commercial activities within the scope permitted by law. A single natural person applying for self-employment must be a natural person over 16 years old and capable of working. When a family applies for self-employment, the individual as the head of the household should have the ability to operate. Other family members may not necessarily have the ability to operate. Individual industrial and commercial households enjoy legal property rights, including the rights to possess, use, benefit from and dispose of all their legal property, as well as various claims in accordance with laws and contracts.

Converting a self-employed person to a company must meet the following conditions:

1. A self-employed operator must be an investor in the company after converting to a company;

2. Have its own individual name;

3. The business location remains unchanged after the self-employed person is converted into a company;

4. The pre-licensing in the business scope is not increased after the self-employed person is converted into a company. Project;

5. The business projects of self-employed individuals must comply with national industry development policies;

6. The registration authority for self-employed individuals and those converted into companies is the same;

< p>7. The self-employed business owner was not sealed up before being converted into a company, and there were no pending cases investigated and dealt with.

Legal Basis

"Regulations of the People's Republic of China on the Registration and Management of Market Entities"

Article 26: Changes in business scope by market entities shall be in accordance with the law For projects that require approval, application for change registration shall be made within 30 days from the date of approval. If the license or approval document is revoked, revoked or the validity period expires, an application for change registration or cancellation of registration shall be made to the registration authority within 30 days from the date the license or approval document is revoked, revoked or the validity period expires.

Article 27 If a market entity changes its domicile or main business place beyond the jurisdiction of the registration authority, it shall apply for change registration with the registration authority at the place of moving before moving to the new domicile or main business place. The registration authority at the place of relocation shall not refuse to hand over market entity files and other relevant materials without justifiable reasons.

Article 28: If the registration change of a market entity involves matters recorded in the business license, the registration authority shall promptly renew the business license for the market entity.