When shareholders decide to cease the operation of the company, encounter difficulties in business operations, or encounter financial crises that cannot be resolved, it may lead to the cancellation of the company.

In China, the process of company deregistration is quite complex, especially in the customs and tax departments. Rengang Yongsheng's Chinese tax team is familiar with every step of company deregistration and has rich experience in handling company deregistration in various industries, which can assist enterprises in successfully completing deregistration procedures.

Main procedures for company deregistration

Hire a certified public accountant to audit the company's accounts

Establish a liquidation team

The liquidation team issues notice and announcement of debt application

tax settlement 

Recognized by relevant government departments

Property distribution

Order of Property Distribution

Payment of liquidation fees

Distribute employee salaries and social insurance expenses

Payment of taxes

liquidation of debt

Shareholder distribution

After the liquidation of the company is completed, the liquidation team needs to prepare a liquidation report, which will be confirmed by the shareholders' meeting or the people's court, and submitted to the Industry and Commerce Bureau and the Tax Bureau for application for cancellation.

Our services include:

Evaluate the necessity of company deregistration

Assessing the tax risks of deregistering a company

Draft cancellation plan

Write relevant documents