Q: I joined the chain store of a friend's catering company, and then my friend asked me to join. Now I want to quit the company, so I want to transfer my shares. Other shareholders of the company have agreed that the specific process has been completed. Do I have to pay taxes after the transfer? How about the tax rate?

A: The Scout Law Online Consultation will answer your question.

China's "Company Law" stipulates that shareholders can transfer all or part of their shares to each other, that is, China's laws do not prohibit the transfer of shares between shareholders, and shareholders do not need to vote. However, China's laws and relevant state policies restrict the transfer of shares between shareholders from other aspects: according to China's industrial policy, for limited liability companies such as transportation, communications, large and medium-sized shipping, energy industry, important raw materials, urban public utilities, foreign trade and economic cooperation, the transfer of shares between shareholders cannot make state-owned shares lose their necessary holding or relative holding position. If a company really needs to be controlled by non-state-owned shares, it must be reported to the relevant state departments for examination and approval.