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Why Your Chinese Company Can Not Directly Be Cancelled?

Why Your Chinese Company Can Not Directly Be Cancelled? HACOS瀚客企服
2025-02-05
2

Some foreign bosses plan to return to home country for development, but when they are ready to cancel their companies in China, they find it impossible to cancel them directly! Why is this happening?  Let's see if you encounter the following problems.


1
Loss of company documents

If your business license and other documents are missing, the National Enterprise Credit Information Publicity System should first make a loss announcement, and then cancel the company after the documents are complete.


2
There are outstanding debt


If your company has outstanding debts, such as employee wages, supplier arrears, taxes, etc., the law generally does not allow it to be written off.


3
No change in taxation treatment


If the company has had stock equity changes before, but no taxation treatment have been made, then only after the taxation treatment have been completed, can you cancel the company.


4
Tax failure to declare


If there is undeclared tax data, it is necessary to complete the past tax declaration before it can be cancelled.


5
There are uncancelled branches


If you want to cancel the parent company, you must cancel all the branches and subsidiaries under the parent company.


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