What will happen if the company cancels?

The influence of the company's non-cancellation

1. If the company does not cancel its business or conduct annual inspection, its business license will eventually be revoked. After revocation, the enterprise legal person will be blacklisted and can no longer be appointed as a legal person.

2. Economic punishment

If a company fails to start business for more than six months after its establishment without justifiable reasons, or if it stops business for more than six months after its opening, its business license may be revoked by the company registration authority. If the cancellation according to law is abnormal, the annual inspection in the third year shall be deemed as automatic cancellation.

3. Blacklist of companies

Enterprises that fail to cancel within the specified time will be blacklisted by the industrial and commercial departments, and their future actions will undergo strict screening and review.

4. Black list of legal persons

The legal representative and shareholders' meeting of the revoked enterprise have been blacklisted by the Industrial and Commercial Bureau, and the company cannot be re-registered in its own name within 3 years.

Tax is permanently blacklisted, and if the company is re-registered, it will be fined by the tax authorities.

Extended data:

Company cancellation process

1, in the newspaper

During the liquidation of the company, it can be published in newspapers, and it needs to be published in newspapers approved by the local industrial and commercial bureau. Domestic enterprises only need to publish once, and foreign enterprises need to publish three times. It is best to choose a daily newspaper for publicity, and the cancellation announcement needs to be publicized for at least 45 days.

2. Cancel social security

The Social Security Bureau will check whether the company is in arrears, and will receive a notice of cancellation of social security after passing.

3. Cancel the national tax and local tax.

Within 15 days from the date of termination of the company, the company needs to apply to the original tax registration authority for tax cancellation (the national tax has been merged, in no particular order), and the tax bureau will check whether the company has paid the tax. After passing the examination, the tax cancellation notice will be received.

4. Go to the Industrial and Commercial Bureau to cancel the company registration.

After 45 days of publication in the newspaper, you can go to the industrial and commercial bureau where the company is registered to cancel the company registration, cancel the company business license, and receive the notice of approval and cancellation of registration issued by the industrial and commercial bureau.

5. Cancel the bank account

Cancel other accounts such as company account opening license and basic bank account at the company account opening bank.

6. Cancel the seal

Legal effect of cancellation of company seal by public security organs.

Note: Non-corporate enterprises, such as partnership enterprises, need to hand over their seals to the industrial and commercial departments at the same time when canceling their business licenses, while corporate enterprises' cancellation of seals is the legal effect of canceling their company seals, and the seals can be kept or destroyed by themselves.

Baidu Encyclopedia-Company Cancellation

Baidu Encyclopedia-China People and China Company Law