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Thread: Canceling Guangzhou Company Legally in Time
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[quote=CORA_TIMELY,652960]Nowadays, company registration is more and more easier. But,what if the company doesn't run well? What’s your choice? Just leave it alone, without doing company accounting, or apply for company cancellation? As the tax government are more and more stricter on the tax issue, it's better for company legal cancellation than leaving it alone. Bad consequences of not canceling the company legally in time? Heavy fines by the tax bureau. Forbid registering companies in following 3 years. Affect Individual social insurance, not allow to get endowment insurance. Forbid buying tickets for train or airplane. Forbid emigrating abroad or being departure. Not allow to grant a loan. Put on a bad personal credit record list. Procedure: Step 1st: Industrial And Commercial Liquidation Step 2nd: Published on Newspaper Step 3rd: Tax Cancellation Step 4th: Customs Cancellation(if have) Step 5th: Business License Cancellation Step 6th: Bank Account Cancellation Step 7th: Official Seals Cancellation Processing time: Around 4 to 6 months Documents Required Business License Bank Account Opening Permit Institution Credit Code Certificate Official Seal, Legal Person Seal and Financial Seal Approval Certificate of Official Seals Etc. In fact, company cancellation is not as easy as company registration. It takes much more time for a company to be totally canceled, and cancellation procedures are complicated. But worth it. For more business suggestions, please feel free to contact us. Tel: 86-18902250059, Email: email@example.com[/quote]
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