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Matters of Shanghai WFOE Cancellation

Updated:2019-7-11 18:07:30    Source:www.tannet-group.comViews:59

Matters of Shanghai WFOE Cancellation Service
Shanghai Hotline: 021- 68877368

Shanghai Tannet company is a professional agent company for cancellation, we accumulated a lot of experience in practice in last 20 years.

Cancellation Conditions for WFOE Company
1, The company is declared bankrupt according to law;
2, Business term expiration in the articles of association or other reasons for dissolution occurs;
3, Dissolved due to a merger or division;
4, The company was ordered to shut down by law, may apply for cancellation.

Process of WFOE Company Cancellation
Preparation: shareholders (Council), Executive Director (Board) or manager (legal representative) draft cancellation decision, establish a liquidation group, decide the head of the liquidation group, make the record of iquidation groupin industry and commerce bureau.
First of all: to apply for cancellation of foreign investment enterprise approval certificate, to obtain cancellation of the Business Council (early termination) approval documents.
Second: Cleaning company property, make the balance sheet and list of assets; notice the creditors (also published cancellation noticeto deal with the liquidation of the company’s unfinished business; paying the tax owed and taxes generated in the process of liquidation, clean-up claims and debts, settle wages and insurance; deal the remaining property after repaying the debt.
Cancellation of tax registration again, while cancellation of financial registration. 1. cancellation of local tax registration, you must do a full audit of the last three years tax clearance taxes. 2. cancellation of national tax registration, you must do enterprise income tax audits. Then, log out customs registration.

Then: 45 days after publish cancellation notice, has finished the cancellation of tax registration (local and national tax) and the customs registration, and get termination approval of the business departments , and make the cancellation of business registration.
Finally: After getting the cancellation notice in Business, in turn go through the following deregistration.

Contact Us
For further queries, please do not hesitate to contact Tannet at anytime by calling Shanghai Hotline: 021-68877368, wechat: 18101640557
Address: Block F, 15th Floor, World Plaza, No.855 South Pudong Road, Pudong New Area, Shanghai

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