Conditions for the registration of subsidiaries

Legal analysis: the establishment of a subsidiary shall be decided by the shareholders' meeting of the parent company. Then the entrusted agent of the subsidiary shall register with the industrial and commercial registration authority with the application for pre-approval of the company name signed by the parent company, the identity certificate of the entrusted agent and other documents required by the State Administration for Industry and Commerce.

Legal basis:

1. Article 14 of the Company Law stipulates that a company may set up branches and subsidiaries. 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.