Foreign Company Property Disposal Checklist

KEYWAY CONSULTING

Practical Resources for Foreign Property Owners

G.Foreign Company Property Disposal Checklist 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

X Selling before checking historical tax compliance X Missing board or shareholder approvals X Using outdated company registration documents X No valid company bank account X Waiting until closing to prepare fund repatriation documents X 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

1.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.

2.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.

3.What if the company has already ceased operations?

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

4.Is a board resolution always required?

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

Related Resources

-Selling Property in China Checklist -Transfer Money Out of China Checklist -Property Sale Tax Preparation Checklist -Power of Attorney Checklist -China Property Inheritance Checklist -Property Sale Timeline

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》

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