What happens if the company doesn't cancel?

Legal analysis: If the company does not operate but does not cancel, it will face the following consequences:

1. As long as the legal representative and shareholders of the company handle the following matters in the future, they will be subject to relevant restrictions: the blacklist of the Industrial and Commercial Bureau shall not be a director, supervisor or manager of any other company for three years; The legal representative cannot receive endowment insurance; The legal representative cannot borrow money to buy a house or immigrate; National tax and local tax cannot be registered, and enterprise information will be published if tax arrears are involved; If the tax is owed, the legal representative of the enterprise will be prevented from leaving the country, unable to take the plane and high-speed rail, and will be recovered for life, and of course there will be a late payment fee; Affect personal identity credit;

2. Fines and penalties;

3. The legal representative enters the blacklist;

4. Joint liability of shareholders;

5. Debt repayment liabilities of directors, controlling shareholders and actual controllers;

6. It will involve unlicensed operation.

Legal basis: Article 41 of the Regulations of the People's Republic of China on the Administration of Company Registration. If the company is dissolved and should be liquidated according to law, the liquidation group shall file the names of the members and persons in charge of the liquidation group with the company registration authority within 10 days from the date of its establishment.