How to turn the company into a branch?

Generally, it can be treated by absorption and merger. If it is not a wholly-owned subsidiary, it should first acquire a minority stake and become a wholly-owned subsidiary, and then absorb the merger. The parent company's absorption and merger of wholly-owned subsidiaries is equivalent to the cancellation of wholly-owned subsidiaries, and all its assets, liabilities, business and personnel are transferred to the parent company. Article 14 of the Company Law of People's Republic of China (PRC) stipulates that a company may set up branches. The establishment of a branch company shall apply to the company registration authority for registration and obtain a business license. A branch company does not have legal person status, and its civil liability shall be borne by the company. A company may set up subsidiaries, which have legal personality and independently bear civil liabilities according to law.