Shanghai Hotline: 021- 58763186 , +86 18101649652
Skype/ Wechat ID: 18101649652
Normally, the term of WFOE operation is 20 years to 30 years. At the expiration of the WFOE’s term of operation, the WFOE can be naturally terminated. However, the shareholder may terminate WFOE earlier if the shareholder considers such termination to be beneficial to the shareholder; for example, the WFOE has financial difficulties, unable to make profit or carry on its business in a manner acceptable to the shareholder, or incurs substantial losses in such amount as the shareholder considers justified to terminate and liquidate the WFOE, etc.
Procedures of Shanghai WFOE Deregistration
1. Application for the approval of de-registration from local MOFCOM and issuance of the approval letter;
2. AIC Recordal of Clearance Team;
3. Tax Clearance with tax bureau and issuance of tax clearance certificate;
4. Newspaper announcement on the liquidation of WFOE;
5. Customs De-registration and issuance of customs de-registration certificate;
6. De-registration of finance registration certificate;
7. De-registration of Foreign Exchange;
8. AIC de-registration and revocation of the business license;
9. De-registration of organization code certificates;
10.De-registration of statistics certificate;
11. Chops demolish;
Tel: 021-58763186
86-18101649652
Email: 2355725118@qq.com
Address:Block F, 15th Floor, World Plaza, No.855 South Pudong Road, Pudong New Area, Shanghai
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