Can the company buy and sell? Is it legal?

Companies can sell and transfer.

Companies can sell and transfer. The shares of a limited liability company and a joint stock limited company may be transferred after obtaining the consent of the corresponding shareholders according to law. If the company is sold, it can be merged by absorption, merger or division.

The conditions for starting a company are:

1, registered capital; 2. There are shareholders or partners; 3. Having employees, organizations, company names and residences; 4. There are articles of association and other rules and regulations; 5. There are also various office supplies such as machinery and equipment. According to Article 23 of the Company Law, the establishment of a limited liability company shall meet the following conditions: (1) The number of shareholders shall reach a quorum; (2) The capital contribution subscribed by all shareholders in accordance with the Articles of Association; (3) Shareholders * * * agree to formulate the Articles of Association; (4) Having a company name and establishing an organization meeting the requirements of a limited liability company; (5) Having a company domicile.

I hope the above questions can help you. If you have other legal questions, please consult a professional lawyer.

Legal basis: People's Republic of China (PRC) Company Law.

Article 71 Shareholders of a limited liability company may transfer all or part of their shares to each other. Shareholders' transfer of equity to persons other than shareholders shall be approved by more than half of other shareholders. Shareholders shall notify other shareholders in writing to agree to the transfer of their shares. If other shareholders fail to reply within 30 days from the date of receiving the written notice, they shall be deemed to have agreed to the transfer.

Article 137 The shares held by shareholders can be transferred according to law.

Article 172 The merger of companies may take the form of absorption merger or new merger. A company absorbs other companies for merger, and the absorbed company is dissolved. The merger of two or more companies to form a new company is a new merger, and the parties to the merger are dissolved.

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.