The whole process and time requirements of the company's absorption and merger are:
1. The board of directors proposes a merger plan or a merger plan;
2. The shareholders' meeting voted to pass the merger resolution;
3. Sign the merger contract and prepare the balance sheet and property list;
4. Implementing creditor protection procedures;
5. The merger of companies shall go through the corresponding registration procedures.
Second, analyze the details
Business combination: it is a form of business combination, that is, one business entity accepts one or more enterprises to join the company, the joining party dissolves and cancels the original legal person qualification, and the surviving business combination of the receiving party.
Three, the tax treatment method of enterprise merger
In the case of business combination, the parties concerned shall handle it in accordance with the following provisions:
1. The merged enterprise shall determine the tax basis for accepting the assets and liabilities of the merged enterprise according to the fair value;
2. The merged enterprise and its shareholders shall be subject to income tax treatment according to liquidation;
3. The losses of the merged enterprise shall not be carried forward to make up in the merged enterprise.