In China, the average age of SMEs is three years. Many companies are involved in the cancellation and transfer of companies, and some precautions need our special attention. If a company wants to transfer or cancel, it needs to settle all the tax problems, capital problems and personnel problems. There are many processes for both public and private.

First of all, the company must first solve the financial problems when transferring. Finance is the lifeblood of a company, which is in charge of the company's capital reserve, capital flow, income and expenses. At the time of transfer, the company should settle all the funds and pay and refund them according to the contract. In addition, there are some contracts and terms of suppliers, and the previous accounts should be settled before transfer. Most notably, many companies will have various tax problems, and companies should settle the tax when making the transfer before making the transfer.

Secondly, the company needs to pay attention to the situation of personnel when transferring. The transfer of a company often means the replacement of a boss, and many positions need to be replaced. According to the requirements of the Labor Law, the company should properly arrange the employees who leave the company to ensure that they can get unemployment insurance money or dismissal compensation. In addition, the company transfer also involves the issue of personnel insurance, which also needs to be properly handled after personnel and financial communication.

Finally, the transfer of the company involves the formalities with the industrial and commercial bureau, the tax bureau and the bank. Both parties can send staff to the Industrial and Commercial Bureau to coordinate related matters, and submit the contract, asset appraisal certificate, capital contribution certificate, articles of association and other documents according to the requirements of relevant departments. In addition, large-scale companies must announce the transfer, so as to increase the trust of the public.

The company has integrated the efforts of the boss and even all employees from the beginning of its establishment, and the transfer should also be carried out in a reasonable and legal manner according to the process, so that a company can finish from the beginning to the end.