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Xiamen Company Cancellation

Updated:2018-5-7 15:42:30    Source:www.tannet-group.comViews:169

Xiamen Company Cancellation Services
Hotline: 86-755-82143512 Email: tannet-solution@hotmail.com

Xiamen company cancellation means a company must file an application with related government department. Owners should follow all the other steps to proper company dissolution.

Procedures of Xiamen Company Cancellation
In Xiamen, the procedures for Company Cancellation is rather complicated, particularly in face of different kinds of departments. For a Xiamen company to be properly dissolved, the following procedures should be taken adopt of:
1. Formal corporate action (liquidation procedure);
2. Filing with the appropriate government department;
3. Statutory notice to creditors;
4. Processing of all creditor claims;
5. Sale and distribution of all remaining assets;
6. Cancellation of invoice, business license, and other registered information.

Please note that before filing the Application for Cancellation, you should close the corporate bank account and also make sure that there is no outstanding accounts receivable.

Time Required For Xiamen Company Cancellation
Normally, an officially process of Xiamen Company Cancellation in a whole will take around six months.

In What Circumstances Will Xiamen Company Cancellation Happen?
According to the related company law, a Xiamen company may have to be deregistered because of one of the following reasons:
1. The business operation term as agreed in the company’s Articles of Association becomes expired or other condition for dissolution as agreed in the Articles of Association for dissolution occurs;
2. Resolution of dissolution is made by the meeting of shareholders;
3. The company is merged or separated and the company will not exist any more;
4. The business license is revoked by government, or the company is ordered to be closed or cancelled;
5. There is serious difficulty in company’s operation and management and the shareholder’s interest may suffer great loss if the company continues to operate. Shareholders who holding ten percent or above voting right may file to the court for dissolution if negotiation among shareholders fails.

Contact Us
If you have further inquires, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com. You are also welcome to visit our office situated in 16/F, Taiyangdao Bldg 2020, Dongmen Rd South, Luohu, Shenzhen, China.

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