First of all, according to the Company Law of People's Republic of China (PRC), one person cannot be the legal representative or shareholder of two companies at the same time. This means that if two companies are registered with one ID card, the legal representatives or shareholders of the two companies cannot be the same person. So from this perspective, an ID card cannot register two companies at the same time.
Secondly, if a person registers two companies with the same ID card, then the two companies will be regarded as affiliated companies. There may be conflicts of interest between affiliated companies, which may lead to various legal risks and financial risks. At the same time, if one of the companies has problems such as illegal behavior or bankruptcy, the other company may also be affected. So in order to avoid potential legal risks and financial risks, don't register two companies with the same ID card.
To sum up, one ID card cannot open two companies. To set up a company, it is necessary to submit various certificates and materials and go through strict examination and approval procedures. If two companies are registered with the same ID card, then the two companies are regarded as affiliated companies, and shareholders and legal representatives need to bear corresponding legal responsibilities. Therefore, it is recommended that you register with different ID cards or other legal documents when starting a company.
Legal basis:
Article 2 1 of People's Republic of China (PRC) Company Law (III) stipulates: "If a party claims that there are related relationships between multiple legal persons, it shall prove that there are normal business dealings between the parties, and the name of the capital exchange in the transaction is consistent with the actual use."
Article 48 of the Enterprise Income Tax Law of People's Republic of China (PRC) stipulates: "If the income from affiliated business between enterprises or between enterprises and institutions accounts for a certain proportion of the income from the main business of enterprises, the tax authorities shall verify their taxable income."
The above is the discussion and legal basis about whether an ID card can open two companies. I hope this information can help you better understand the company registration laws and regulations in China.