What is the process of de-registering a business in China?

De-registering a business in China involves a few steps that must be taken properly to ensure that the process goes through correctly. The first step is to file an application to deregister the business with the Administrative Bureau of Industry and Commerce of the local government. This application must include information about the company that is being deregistered, such as its name, address, and legal representative (if applicable). The application also needs to include a list of shareholders and directors. After the application is filed, the business must be officially deregistered by the government in a local newspaper. The next step is to cancel the business’ taxes and fees. This must be done by filing an application to the local tax bureau with the company’s registration documents. The tax bureau will then issue a cancellation of tax registration certificate. This is an important document that proves that the company is no longer responsible for any taxes or fees. Once all of these steps are complete, the final step is to deregister the company from the China Business Ventures Law. This must be done by submitting an application to the local government, which includes the company’s registration documents, a deregistration certificate, and a list of shareholders and directors. After the application is approved, the company is officially deregistered from China’s Business Ventures Law.

Related FAQs

What regulations must be observed when setting up a franchise in China?
How can a foreign company protect its trade secrets in China?
What laws apply to corporate governance in China?
How does Chinese law define and regulate the transfer of patents and other intellectual property rights?
How is corporate social responsibility regulated in China?
How can I register a branch office in China?
What is the process for obtaining government permits and approvals in China?
What are the rules for repatriating profits from a business in China?
What restrictions and limitations apply to foreign entities operating in China?
How can I enforce my intellectual property rights in China?

What is the process of de-registering a business in China?

Related FAQs

Related Blog Posts