How to set up a subsidiary

Legal analysis: The following steps are required: 1. Every time the shareholders' meeting signs a contract to form a company, the capital contribution, responsibilities and obligations of all parties shall be clarified; 2. Determine the company name; 3. Name of approval; 4. Formulate the articles of association; 5. The shareholders' meeting will decide the members of the board of directors and the board of supervisors; 6. Apply to the industrial and commercial registration authority; 7. sculpture.

Legal basis: Branch companies can be established in Article 14 of People's Republic of China (PRC) Company Law. 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.

Regulations of the People's Republic of China on the Administration of Company Registration

Article 45 A branch refers to an organization established by a company outside its domicile to engage in business activities. This branch does not have the qualification of enterprise legal person.

Article 47 Where a company establishes a branch, it shall apply for registration with the company registration authority where the branch is located within 30 days from the date of making the decision. Where laws, administrative regulations or decisions of the State Council require the approval of relevant departments, it shall apply to the company registration authority for registration within 30 days from the date of approval.

To establish a branch, the following documents shall be submitted to the company registration authority:

(1) An application for registration of branch establishment signed by the legal representative of the company;

(2) A copy of the Articles of Association and the Business License of Enterprise as a Legal Person stamped with the company seal;

(3) Certificate of use of the business premises;

(4) The post-holding documents and identity certificates of the person-in-charge of the branch;

(5) Other documents required by the State Administration for Industry and Commerce.

Where laws, administrative regulations or decisions of the State Council stipulate that the establishment of a branch company must be approved, or the business scope of the branch company belongs to matters that must be approved before registration according to laws, administrative regulations or decisions of the State Council, relevant approval documents shall also be submitted.

If the company registration authority of a branch company approves the registration, it shall issue a business license. The company shall, within 30 days from the date of registration of the branch, file with the company registration authority with the business license of the branch.