Originally from China, I co-founded a company with others, accounting for 50% of the shares. At the beginning of the year, I became an American citizen. Now I want to transfer 50% of the shares of the

Originally from China, I co-founded a company with others, accounting for 50% of the shares. At the beginning of the year, I became an American citizen. Now I want to transfer 50% of the shares of the company. What do I need? 1, go through the formalities for change of industrial and commercial registration. You may be punished. Because you have changed your nationality, according to the company law, you must change your industrial and commercial registration information. If you don't do this for more than a month, you will be punished.

2. Sign share transfer agreements with other shareholders.

3. Go to the local taxation bureau and pay a 20% difference tax.

4. Go to the industrial and commercial bureau to go through the formalities of industrial and commercial registration change again.

5. Go to the bank to change RMB into US dollars, and go to the SAFE for remittance procedures. Of course, if the RMB stays in China, it will be exempted.