Prepare a merger plan.
Develop a detailed merger plan, including the merger methods, conditions, and procedures.
Business Mergers
Division, separation, merger
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Free consultationDefinition of business merger
Business merger is the process by which two or more companies cease to exist to form a new company, inheriting all the legal rights and obligations of the merged companies. According to Article 194 of the 2020 Enterprise Law, merger is one of the main forms of business restructuring.
Business merger process
Registering new businesses and dissolving old companies.
Submit applications for new business registration and notify the dissolution of merged companies.
Business consolidation documents
Documents required:
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Business merger agreement.
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Resolution or decision of the companies participating in the merger.
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Articles of incorporation.
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Application form for new business registration.
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A list of members or shareholders of the new company.
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Other documents as required by law.
Documents required:
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Information about the merged companies.
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Methods and conditions for merger.
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Labor utilization plan.
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Timeline for the merger.
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Draft articles of incorporation for the merged company.
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Rights and obligations of the merged company.
Distinguishing between merger and acquisition
| Criteria | Business merger | Business mergers |
|---|---|---|
| Legal entity | Create a completely new legal entity. | Without creating a new legal entity, the acquiring company continues to exist. |
| Trademark | Often creates new brands. | They usually retain the brand of the acquiring company. |
| Procedure | The procedure is more complicated and requires new registration. | The procedure is simpler, just register the change. |
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