How do individuals acquire a company?

Legal analysis: the procedures and processes of company merger and acquisition are also applicable to the acquisition of companies in the name of individuals. General procedures include: internal decision-making, decision-making and approval by relevant departments, assets verification and financial audit, asset evaluation, signing property right transfer contract or contingent approval procedures, property right change registration, acquisition completion and post-acquisition integration. Because the process is quite troublesome, we can only entrust lawyers, accountants, etc. Conduct due diligence in general personal acquisitions.

Legal basis: Measures for the Administration of Acquisition of Listed Companies

Article 3 The acquisition of listed companies and the changes of relevant shares' rights and interests must follow the principles of openness, fairness and impartiality. The information disclosure obligor in the acquisition of a listed company and the change of relevant shares' rights and interests shall fully disclose their rights and interests in the listed company and their changes, and perform legal obligations such as reports and announcements in strict accordance with the law. Before the relevant information is made public, it is obliged to keep it confidential. The information reported and announced by the information disclosure obligor must be true, accurate and complete, and there shall be no false records, misleading statements or major omissions.

Article 1 These Measures are formulated in accordance with the Securities Law, the Company Law and other relevant laws and administrative regulations in order to regulate the acquisition of listed companies and related changes in rights and interests, protect the legitimate rights and interests of listed companies and investors, maintain the order of the securities market and social public interests, and promote the optimal allocation of resources in the securities market.