How can a sole proprietor change into a limited company?
Individual business households can be transformed into limited companies through "individual to enterprise". The "individual to enterprise" is the registered individual business (excluding Hong Kong, Macao and Taiwan residents applying for individual business) upgraded to enterprises (including sole proprietorships, partnerships, corporate enterprises). The type of enterprise after upgrading should generally be a limited liability company, and under special circumstances, it can also be upgraded to a partnership or a sole proprietorship. The "individual to enterprise" is not a simple name change, but through the optimization of internal processes, to solve the problem of continuity of enterprise development. \r\\n1, individual to enterprise" based on (Jiangsu Province, for example): \r\nState Administration for Industry and Commerce "on the in-depth implementation of the scientific concept of development to promote the transformation of the mode of economic development of a number of opinions", "Jiangsu Provincial Administration for Industry and Commerce on the function to play a role in support of the transformation of the individual industrial and commercial enterprises to the form of business organization of the registration of the guiding opinions" and other relevant policies. \r\n2, applicable "individual to enterprise" situation: \r\n has been registered individual business households, in the existing production and business conditions based on the formation of a larger scale, and the transformation and upgrading of the will of the enterprise, you can apply for "individual to enterprise". \r\n3, "individual to enterprise" can bring the benefits: \r\n "individual to enterprise" after the legal responsibility: from the individual businessmen bear unlimited liability, to limited liability limited by the amount of capital contributed. In terms of capital, enterprises are also more likely to obtain loans than individual households, and the amount of loans is also larger. In terms of influence, the enterprise is easier than the self-employed for market positioning, higher credibility, and easier access to social resources, expanding the enterprise's upward space. In addition, in the face of the current recruitment difficulties, enterprises can also attract and retain talents better than self-employed persons because they can participate in labor insurance, pension insurance and medical insurance. At the same time, the self-employed can continue to use the previous font size, which is conducive to the self-employed to retain the brand accumulated over the years, to build corporate culture. \r\n4. The process of "individual to enterprise": \r\n Individual business households with relevant materials to the local branch office to receive the "Individual Business Households into the form of enterprise organization application", by the branch office examination and approval of the individual business households to handle the cancellation of formalities. With the reviewed and approved "Application for Conversion of Individual Industrial and Commercial Households into Enterprise Organizational Forms" and the notification of cancellation of individual industrial and commercial households, go to the industrial and commercial window of the Administrative Service Center to apply for pre-registration of the name, and the industrial and commercial window will be responsible for the guidance of the materials of the "individual to enterprise" until the completion of the registration of the newly set up enterprise. \r\n5. Policies related to "individual to enterprise": \r\nBureau of Industry and Commerce exempts upgraded enterprises from enterprise registration fees and business license fees, and upgraded enterprises can continue to use the name of the individual before transferring to enterprise, provided that the upgraded enterprise does not violate the prohibitions of relevant laws and regulations, and does not affect the right to the name of other enterprises. For upgraded enterprises, provided that they do not violate the prohibitions of relevant laws and regulations and do not affect the rights of other enterprises, individual business households transformed into enterprises can continue to use the font names of the individual business households before the transformation. The registration procedure of "barrier-free access" has been implemented to optimize the access process and improve the efficiency of registration; the business premises of individual business households will remain unchanged, and the documents certifying the use of the residence of the enterprises after the transformation can be exempted from submission. The registration files of individual business households before the transformation and the registration files of enterprises after the transformation are combined and kept to ensure the continuity of the registration files. "Individual to enterprise" registration is completed, in the issuance of "business license" at the same time and the issuance of "individual business households into the form of business organization registration certificate".