diff --git a/cli/src/__tests__/company-import-export-e2e.test.ts b/cli/src/__tests__/company-import-export-e2e.test.ts
index a2074658..9c141a13 100644
--- a/cli/src/__tests__/company-import-export-e2e.test.ts
+++ b/cli/src/__tests__/company-import-export-e2e.test.ts
@@ -449,7 +449,7 @@ describe("paperclipai company import/export e2e", () => {
     );
 
     expect(previewExisting.errors).toEqual([]);
-    expect(previewExisting.plan.companyAction).toBe("update");
+    expect(previewExisting.plan.companyAction).toBe("none");
     expect(previewExisting.plan.agentPlans.some((plan) => plan.action === "create")).toBe(true);
     expect(previewExisting.plan.projectPlans.some((plan) => plan.action === "create")).toBe(true);
     expect(previewExisting.plan.issuePlans.some((plan) => plan.action === "create")).toBe(true);
@@ -474,7 +474,7 @@ describe("paperclipai company import/export e2e", () => {
       { apiBase, configPath },
     );
 
-    expect(importedExisting.company.action).toBe("updated");
+    expect(importedExisting.company.action).toBe("unchanged");
     expect(importedExisting.agents.some((agent) => agent.action === "created")).toBe(true);
 
     const twiceImportedAgents = await api<Array<{ id: string; name: string }>>(
diff --git a/cli/src/__tests__/company.test.ts b/cli/src/__tests__/company.test.ts
new file mode 100644
index 00000000..acb05d86
--- /dev/null
+++ b/cli/src/__tests__/company.test.ts
@@ -0,0 +1,50 @@
+import { describe, expect, it } from "vitest";
+import { resolveCompanyImportApiPath } from "../commands/client/company.js";
+
+describe("resolveCompanyImportApiPath", () => {
+  it("uses company-scoped preview route for existing-company dry runs", () => {
+    expect(
+      resolveCompanyImportApiPath({
+        dryRun: true,
+        targetMode: "existing_company",
+        companyId: "company-123",
+      }),
+    ).toBe("/api/companies/company-123/imports/preview");
+  });
+
+  it("uses company-scoped apply route for existing-company imports", () => {
+    expect(
+      resolveCompanyImportApiPath({
+        dryRun: false,
+        targetMode: "existing_company",
+        companyId: "company-123",
+      }),
+    ).toBe("/api/companies/company-123/imports/apply");
+  });
+
+  it("keeps global routes for new-company imports", () => {
+    expect(
+      resolveCompanyImportApiPath({
+        dryRun: true,
+        targetMode: "new_company",
+      }),
+    ).toBe("/api/companies/import/preview");
+
+    expect(
+      resolveCompanyImportApiPath({
+        dryRun: false,
+        targetMode: "new_company",
+      }),
+    ).toBe("/api/companies/import");
+  });
+
+  it("throws when an existing-company import is missing a company id", () => {
+    expect(() =>
+      resolveCompanyImportApiPath({
+        dryRun: true,
+        targetMode: "existing_company",
+        companyId: " ",
+      })
+    ).toThrow(/require a companyId/i);
+  });
+});
diff --git a/cli/src/commands/client/company.ts b/cli/src/commands/client/company.ts
index 17824dbd..9ad14fd5 100644
--- a/cli/src/commands/client/company.ts
+++ b/cli/src/commands/client/company.ts
@@ -114,6 +114,24 @@ function parseCsvValues(input: string | undefined): string[] {
   return Array.from(new Set(input.split(",").map((part) => part.trim()).filter(Boolean)));
 }
 
+export function resolveCompanyImportApiPath(input: {
+  dryRun: boolean;
+  targetMode: "new_company" | "existing_company";
+  companyId?: string | null;
+}): string {
+  if (input.targetMode === "existing_company") {
+    const companyId = input.companyId?.trim();
+    if (!companyId) {
+      throw new Error("Existing-company imports require a companyId to resolve the API route.");
+    }
+    return input.dryRun
+      ? `/api/companies/${companyId}/imports/preview`
+      : `/api/companies/${companyId}/imports/apply`;
+  }
+
+  return input.dryRun ? "/api/companies/import/preview" : "/api/companies/import";
+}
+
 export function isHttpUrl(input: string): boolean {
   return /^https?:\/\//i.test(input.trim());
 }
@@ -576,17 +594,19 @@ export function registerCompanyCommands(program: Command): void {
             agents,
             collisionStrategy: collision,
           };
+          const importApiPath = resolveCompanyImportApiPath({
+            dryRun: Boolean(opts.dryRun),
+            targetMode: targetPayload.mode,
+            companyId: targetPayload.mode === "existing_company" ? targetPayload.companyId : null,
+          });
 
           if (opts.dryRun) {
-            const preview = await ctx.api.post<CompanyPortabilityPreviewResult>(
-              "/api/companies/import/preview",
-              payload,
-            );
+            const preview = await ctx.api.post<CompanyPortabilityPreviewResult>(importApiPath, payload);
             printOutput(preview, { json: ctx.json });
             return;
           }
 
-          const imported = await ctx.api.post<CompanyPortabilityImportResult>("/api/companies/import", payload);
+          const imported = await ctx.api.post<CompanyPortabilityImportResult>(importApiPath, payload);
           printOutput(imported, { json: ctx.json });
         } catch (err) {
           handleCommandError(err);