Today a typical question regarding one-owned company's registration maybe you also in the same wondering, so we are sharing with the longing everyone get it.
>>Backgroud
An foreign individual has already register a company which just one shareholder, it is himself.
Now, he wants to register another company in free trading zone also the shareholder just himeself.
He wants to know, is it possible? If can't why not?
>>Basis
According to the article No.57 in the Chinese company's law, each natural person just can set one company whoes shareholder just one person.
>>Conclusion
So according to this regulation, the person can not register another one company whoes shareholder just himself. Even the person is a Chinese person, he still can not register a company like that.
>>Solution
There is a solution to resolve this problem.
The present company or new company can add at least another person as the shareholder.
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