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Shanghai Foreign Company Cancellation

Updated:2020-8-4 14:20:39    Source:www.tannet-group.comViews:355

Shanghai Hotline: 021- 58763186 , +86 18101649652
Skype/ Wechat ID: 18101649652

Deregistration is a process which a company applies to the registration authority for deregistration, terminates its legal personality and ends its operation. Shanghai Tannet Company can provide high quality and efficient company deregistration service.

1. Cancellation process of Shanghai company
1. The shareholders shall make a resolution on the company's cancellation and determine the members of the liquidation group;
2. Members of the liquidation group shall put on record;
3. Publish the liquidation announcement on newspaper;
4. Account management and tax clearance;
5. Tax abnormalities shall be restored to normal from abnormal state before tax cancellation;
6. Cancel customs and foreign exchange registration (if any);
7. Prepare the liquidation report;
8. Cancel the business license;
9. Cancel the company's social security;
10. Cancel the bank account;
11. Cancel the official seal of the company.
2.Cancellation materials of Shanghai company
1. An application for cancellation signed by the persons in charge of the company's liquidation organization;
2. Bankruptcy ruling of the court and resolutions or decisions made by the company in accordance with the company law;
3. Liquidation report confirmed by the board of shareholders or relevant authorities;
4. The liquidation group of the company shall notify the creditors within 10 days from the date of its establishment and make a public announcement on a newspaper within 45 days and submit the original announcement;
5. Original and copy of business license;
6. Official seal, legal person seal, and financial seal.
7.Business license, final settlement report of this year, cancellation report, cancellation application form and enterprise financial information materials.
3. How long will it take to write off a foreign company in Shanghai?
At least four months, if the company has taxation problem, the process commonly lasts 6 months to 1 year.

Contact Us
For further queries, please do not hesitate to contact Tannet Company at anytime by calling
Shanghai Hotline: 021-68877368,  Phone (Wechat): 18101649652
E-Mail: 3001945826@qq.com
Address: Block F, 15th Floor, No.855 South Pudong Road, Pudong New Area, Shanghai

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