Can the two wholly-owned subsidiaries qualified as builders be reorganized and separated?

Two wholly-owned subsidiaries with the qualification of construction engineer can be reorganized and separated, but they need to comply with relevant laws and regulations and be approved by relevant departments, and the interests of creditors and other interested parties cannot be harmed.

The reorganization and division of construction enterprises is one of the common ways of organizational change. For the reorganization and separation between two wholly-owned subsidiaries with the qualification of construction engineer, it is first necessary to abide by the Company Law and other relevant laws and regulations. Secondly, it is necessary to apply to the relevant departments in advance and get approval. In the process of reorganization and division, the interests of creditors and other interested parties should be considered to ensure that their legitimate rights and interests are not harmed. In the specific operation, it is also necessary to formulate a detailed separation plan, including the arrangement of assets, personnel and finance. At the same time, after the separation, corresponding procedures need to be handled, such as tax registration, industrial and commercial changes, etc. To ensure that the separated two companies can operate normally and legally.

How to deal with financial problems when two wholly-owned subsidiaries of Construction Qualification are reorganized and separated? In the process of reorganization and separation, it is necessary to make a detailed separation plan for assets and finance, which will be reviewed and approved by relevant departments. After the separation, the two companies should carry out liquidation, and distribute and clean up the assets and liabilities of the original enterprise. At the same time, it is necessary to go through relevant tax procedures, such as canceling the taxpayer qualification of the original enterprise and opening an account for the new enterprise.

Two wholly-owned subsidiaries with the qualification of first-class construction engineer can be reorganized and separated, but they must abide by the provisions of relevant laws and regulations and be approved by relevant departments, and shall not harm the interests of creditors and other interested parties. In the specific operation, it is necessary to formulate a detailed separation plan and liquidation plan, and go through relevant procedures to ensure legal operation.

Legal basis:

Article 39 of the Company Law of People's Republic of China (PRC), when a company reorganizes, a reorganization plan shall be prepared and reported according to law, and announced after approval. After the reorganization of the company is completed, it shall apply to the original registration authority for cancellation of the original company registration.