Can a limited company become a joint-stock company

The transformation of a limited company into a joint-stock company is a reorganization. Company restructuring shall apply to the registration authority for registration of change within 30 days after approval by the competent department or the examination and approval authority. Enterprise restructuring refers to the process of changing the original capital structure, organizational form, management mode or system of an enterprise according to law to objectively meet the new needs of enterprise development.

legal ground

Article 17 of the Regulations of People's Republic of China (PRC) Municipality on the Administration of Enterprise Legal Person Registration.

If an enterprise as a legal person changes its name, domicile, business place, legal representative, economic nature, business scope, mode of operation, registered capital and business term, or adds or cancels branches, it shall apply for registration of change.

Article 18

An enterprise as a legal person shall, within 30 days after the approval of the competent department or the examination and approval authority, apply to the registration authority for registration of change.