Can an enterprise be directly transformed into a company?

The factory can be directly transformed into a company, but the following conditions need to be met:

1, quorum;

2. Formulate the articles of association;

3. Have a company name and establish the organization required by the company;

4. Have a company domicile; The share of capital contribution conforms to the provisions of the Articles of Association.

legal ground

Article 76 of the Company Law of People's Republic of China (PRC)

The establishment of a joint stock limited company shall meet the following conditions:

(1) The promoters meet the quorum;

(2) It has the total amount of capital subscribed or paid-in by all promoters in accordance with the articles of association;

(3) The issuance and offering of shares comply with the law;

(4) The promoters shall formulate articles of association, which shall be adopted by the founding meeting;

(5) Having a company name and establishing an organization meeting the requirements of a joint stock limited company;

(6) Having a company domicile.