Foreign Company Property Disposal Checklist

KEYWAY CONSULTING

Practical Resources for Foreign Property Owners

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A Practical Guide for Selling Corporate Property in China

【Version 2026】

Helping foreign-invested companies prepare for property disposal, tax compliance, document review, and cross-border fund repatriation.

Before You Start

Selling property owned by a foreign-invested company in China involves more than finding a buyer.

The transaction may require corporate approvals, tax planning, bank coordination, and cross-border fund repatriation.

This checklist helps your company prepare before the disposal process begins.

Step 1 – Confirm Company Information

Prepare the following:

☐ Company Registration Certificate

☐ Business License

☐ Articles of Association (if required)

☐ Company Registration Details

☐ Legal Representative Information

☐ Latest Company Registration Records

☐ Company Chop (if applicable)

Step 2 – Confirm Property Information

☐ Property Ownership Certificate

☐ Property Address

☐ Property Type

Office
Commercial
Industrial
Warehouse
Residential

☐ Property Registration Information

☐ Mortgage Status (if applicable)

Step 3 – Corporate Authorization

Before selling the property:

☐ Board Resolution

☐ Shareholder Resolution (if required)

☐ Authorized Signatory

☐ Power of Attorney (if applicable)

☐ Company Seal / Chop

Step 4 – Corporate Documents

Prepare:

☐ Business License

☐ Certificate of Incorporation

☐ Tax Registration Information

☐ Company Identification Documents

☐ Authorized Representative Passport

☐ Corporate Bank Account Information

Step 5 – Tax Preparation

Review:

☐ Historical Property Tax Records

☐ Land Use Tax Records (where applicable)

☐ Corporate Income Tax Considerations

☐ Land Appreciation Tax (where applicable)

☐ Stamp Duty

☐ VAT (where applicable)

☐ Tax Clearance Documents

Note: Applicable taxes depend on the ownership structure, property type, and local regulations.

Step 6 – Property Sale Preparation

☐ Property Valuation

☐ Sale Agreement

☐ Due Diligence Documents

☐ Buyer Verification

☐ Property Handover Plan

Step 7 – Bank Preparation

Prepare:

☐ Company Bank Account

☐ Overseas Receiving Bank Details

☐ SWIFT / BIC Code

☐ Beneficiary Information

☐ Cross-border Remittance Documents

Step 8 – Cross-Border Fund Repatriation

Before applying for the international transfer:

☐ Tax Clearance Completed

☐ Corporate Resolutions Available

☐ Sale Documents Complete

☐ Property Transfer Registration Completed

☐ Bank Compliance Documents Prepared

☐ Overseas Bank Details Confirmed

Special Situations

Additional preparation may be required if:

☐ The company has already been deregistered

☐ The company has no active Chinese bank account

☐ Directors have changed

☐ Shareholders have changed

☐ Original company documents are missing

☐ Property taxes were not paid on time

☐ The overseas parent company has changed

Common Mistakes

❌ Selling before checking historical tax compliance

❌ Missing board or shareholder approvals

❌ Using outdated company registration documents

❌ No valid company bank account

❌ Waiting until closing to prepare fund repatriation documents

❌ Assuming every bank follows the same process

Practical Tips

✔ Review corporate documents before listing the property.

✔ Confirm the company's legal status.

✔ Verify tax compliance early.

✔ Plan the overseas fund transfer before signing the sale agreement.

✔ Keep certified copies of all corporate approvals.

Frequently Asked Questions

Can a foreign company sell property in China?

Yes. Foreign-invested companies may sell property in China in accordance with applicable laws, corporate governance requirements, tax obligations, and registration procedures.

Can the sale proceeds be transferred overseas?

In many cases, corporate sale proceeds may be repatriated overseas after completing the required tax, banking, and regulatory procedures.

What if the company has already ceased operations?

Additional documentation and compliance review may be required before the disposal process can proceed.

Is a board resolution always required?

Corporate authorization requirements vary depending on the company's governance documents and applicable regulations.

Related Resources

Need Professional Assistance?

We assist foreign-invested companies with:

✓ Property Disposal Planning

✓ Corporate Document Review

✓ Tax Coordination

✓ Transaction Management

✓ Cross-Border Fund Repatriation

✓ Bank Coordination

📧: erichu@keywayconsulting.cn

WeChat: Eric-033

📞: +8610 13810629497

Linkedin: https://www.linkedin.com/in/eric-hu-a2829017

《Corporate Disposal Roadmap》

Company Decision

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Corporate Document Review

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Property Due Diligence

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Tax Planning & Compliance

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Board / Shareholder Approval

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Property Sale

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Tax Clearance

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Cross-Border Fund Repatriation

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Project Completion

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Foreign Company Property Disposal Checklist