If the company can't continue to operate, what will happen without cancellation?

Will be warned and fined by the registration authority.

1. According to Article 30 of the Regulations on the Administration of Registration of Enterprise Legal Persons in People's Republic of China (PRC), if an enterprise legal person fails to cancel its registration in accordance with the regulations, the registration authority may give a warning and a fine respectively according to the situation;

When an enterprise as a legal person is punished according to the above provisions, the administrative responsibility and economic responsibility of the legal representative shall be investigated according to the circumstances of the illegal act; Those who violate the criminal law shall be investigated for criminal responsibility by judicial organs according to law. When dealing with the illegal acts of an enterprise as a legal person, the registration authority must find out the facts and deal with them according to law, and notify the parties concerned in writing of the decision.

2. According to Article 32 of the Regulations on the Administration of Registration of Enterprise Legal Persons in People's Republic of China (PRC), if an enterprise legal person refuses to accept the punishment of the registration authority, it may apply to the registration authority at the next higher level for reconsideration within 15 days from the date of receiving the notice of punishment. The superior registration authority shall make a reconsideration decision within 30 days from the date of receiving the application for reconsideration.

3. If the applicant refuses to accept the reconsideration decision, he may bring a lawsuit to the people's court within 30 days from the date of receiving the notice of reconsideration. If a complaint is not filed and a fine is not paid within the time limit, the registration authority may apply to the people's court for compulsory execution in accordance with the prescribed procedures.

Extended data:

1, the registration authority shall perform the following duties of supervision and management of enterprise legal persons according to law:

(a) to supervise the enterprise as a legal person to handle the opening, change and cancellation of registration in accordance with the regulations;

(2) Supervising the enterprise as a legal person to engage in business activities in accordance with the registered items, articles of association and contracts;

(three) to supervise the legal person and legal representative of the enterprise to abide by the laws, regulations and policies of the state;

(four) to stop and investigate the illegal business activities of enterprise legal persons and protect the legitimate rights and interests of enterprise legal persons.

2. If the business license of an enterprise as a legal person is revoked, the registration authority shall collect its official seal, and notify its bank to cancel the registration, and the competent authority or liquidation organization shall be responsible for clearing its creditor's rights and debts.

China Government Network-Regulations of People's Republic of China (PRC) Municipality on the Administration of Enterprise Legal Person Registration