What is the procedure for state-owned enterprises to be transformed into limited liability companies?

Legal analysis: 1. To formulate enterprise restructuring plans according to the Company Law and relevant national laws, regulations and policies;

2. Evaluate the assets to be invested in the new company according to the reorganization plan;

3. Apply to the administrative department for industry and commerce for pre-approval of the company name;

4. All investors * * * negotiate to formulate the Articles of Association, specify how to set up the shareholders' meeting, the board of directors (or executive directors) and the board of supervisors (or supervisors), and establish an organization meeting the requirements of a limited liability company;

5. The investor contributes capital, that is, the assets invested in the new company after evaluation are allocated to the investor's name according to a certain proportion. In the case of new investment, it also includes the payment of new cash, physical or other intangible assets. Verified by an accounting firm and issued a capital verification certificate;

6. After all the capital contributions have been paid in full, convene the founding meeting of the company attended by all the investors, review the report on the establishment of the company, adopt the articles of association, and elect the directors and supervisors of the company;

7. Where the business engaged by a limited liability company must be submitted for examination and approval in accordance with the provisions of laws and administrative regulations, it must apply to the relevant competent authorities in advance, and the company can only be established after approval.

Legal basis: Article 6 of the Company Law of People's Republic of China (PRC) shall apply to the company registration authority for registration of establishment. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.