If you borrow money in the name of an individual, there is no evidence to prove that you are borrowing money for the company and you need to bear it personally. After the company was changed into a legal person, the company's debts did not change before. Shareholders shall be liable for the debts of the company to the extent of their capital contribution. After fulfilling the obligation of capital contribution according to law, as long as the capital contribution is not withdrawn, it generally does not bear additional responsibility for the company's debts.
Information required to change the legal representative:
1, change of business license
(1) company change application form
(2) Resolutions of the shareholders' meeting
(3) Articles of Association
(4) Original/copy of business license
(5) The original and photocopy of the old and new legal person ID cards are stamped with official seals.
(6) If the equity change is involved, the transfer contract shall be submitted.
2. Tax changes:
(1) Original and copy of tax registration certificate
(2) Change of tax application form
(3) A copy of the business license
(4) Company Change Notice
(5) Resolutions of the shareholders' meeting
(6) Articles of Association
(7) The original and photocopy of the new legal person ID card.
(8) Other relevant information.
To sum up, after the company changes its legal person, the original debt will still be borne by the company, and relevant projects need to be changed after the change of legal person. The law also has certain regulations and procedures for these changes, and it is necessary to prepare complete information to wake up the changes, which is also the guarantee for the company to change, otherwise it will affect the normal operation of the company.
Legal basis:
People's Republic of China (PRC) Civil Code
Article 532
After the contract comes into effect, the parties shall not fail to perform their contractual obligations by changing their names or legal representatives, responsible persons and contractors.