What will happen if the business license is revoked?

The effects of revoking the business license are as follows:

1. Revoking the business license will bring certain restrictions to the enterprise, its legal representative and the person directly responsible;

2. Once the company's business license is revoked, all its business activities are illegal;

3. The revocation of the company's business license does not mean that the legal person qualification is immediately eliminated, but all activities except the liquidation scope are stopped;

The company lost its legal person status temporarily.

Legal basis: Article 83 of the Civil Code of People's Republic of China (PRC).

The investor of a profit-making legal person shall not abuse the rights of the investor to harm the interests of the legal person or other investors; Whoever abuses the rights of the investor and causes losses to the legal person or other investors shall bear civil liability according to law.

The investor of a profit-making legal person shall not abuse the independent status of the legal person and the limited liability of the investor to harm the interests of the creditors of the legal person; Whoever abuses the independent status of a legal person and the limited liability of the investor, evades debts, and seriously damages the interests of the creditors of the legal person, shall be jointly and severally liable for the debts of the legal person.

How to cancel the company's business license

1. Look for the original and photocopy of the business license first, which was originally issued. You must hand in the original and photocopy when canceling. If lost, you need to publish a loss statement in the local newspaper;

2. A copy of the ID card of the agent is also required for cancellation. It must be my ID card;

3. If I can't be present, I can entrust an agent, but I must issue a power of attorney and the client's ID card;

4. Before cancellation, check whether the license is a combination of two certificates. If the registration number is printed on the license plate, it is not a license plate with two certificates, and there is no need to issue a tax payment certificate. If it is a unified social credit code, it is a combination of two certificates and needs one certificate;

5. The procedures are complete and can be handled.