Reasons for changing the legal representative

Legal analysis: reasons for the change of company legal person:

1. The shares held by other shareholders of the company exceed the shares held by the legal representative of the company. This situation requires changing the legal representative of the company;

2. The company needs to change its legal representative for some reason, and needs to change its legal representative;

3. For some reasons, the company doesn't intend to continue to operate, but it doesn't cancel, and chooses to sell it to other investors. In this case, the legal representative of the company needs to be changed.

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

Article 3 A company is an enterprise legal person, which has independent legal person property and enjoys legal person property rights. The company is liable for its debts with all its property. Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.

Article 20 Shareholders of a company shall abide by laws, administrative regulations and the articles of association, exercise their rights according to law, and shall not abuse their rights to harm the interests of the company or other shareholders; The company's independent legal person status and the limited liability of shareholders shall not be abused to harm the interests of the company's creditors. Shareholders of a company who abuse their rights and cause losses to the company or other shareholders shall be liable for compensation according to law. Shareholders of a company who abuse the independent status of a company as a legal person and the limited liability of shareholders to evade debts and seriously damage the interests of creditors of the company shall be jointly and severally liable for the debts of the company.