Legal analysis: Under normal circumstances, a company changes its legal person in order to develop, operate and grow. If you want to change the legal person, you need to register the change. The change of a legal person refers to the change of its organization, name, domicile, business scope and other important matters after the establishment of a legal person. These changes can be decided independently according to the wishes of the legal person, and the legal person can take effect as long as the corresponding change registration is made. However, the division or merger of an enterprise as a legal person involves the creditor-debtor relationship between the legal person and the counterparty. In order to maintain the trading order and the trust interests of the counterparty, the law has made mandatory provisions on the transfer of creditor's rights and debts after the division or merger of legal persons. The division, merger or other important changes of an enterprise as a legal person shall be registered with the registration authority and announced. The Company Law and other laws also have corresponding provisions.
Legal basis: People's Republic of China (PRC) Company Law.
Article 175 When a company is divided, its property shall be divided accordingly. When the company is divided, it shall prepare a balance sheet and a list of assets. The company shall notify the creditors within 10 days from the date of making the resolution of separation, and make an announcement in the newspaper within 30 days.
Article 176 The debts of the company before division shall be jointly and severally liable by the company after division. However, unless the company and creditors reach a written agreement on debt settlement before division.