Where an enterprise ceases to operate, it shall revoke its business license or take the initiative to apply for dissolution of the company. Neither domestic nor foreign-funded enterprises have closed down. It doesn't matter if there is no production, but enterprises need to handle the joint annual inspection of foreign capital, zero tax rate declaration and tax withholding as usual.

If the business is not cancelled, the investors of this enterprise will be included in the investment warning list and cannot invest in China in the future.

If you really don't want to do it, then cancel the business. Very troublesome! This is also the reason why so many foreign-funded enterprises in Shenzhen run away without cancellation. Specifically, the procedures for submitting an application for cancellation and going through the formalities of enterprise dissolution are as follows (there will be differences in different places):

First, set up a liquidation group, publish a cancellation notice in the newspaper and liquidate the company's assets. Then:

1. Go to the Commercial Committee (or the original examination and approval unit) for record cancellation, and receive the receipt after examination and approval; 1 The revocation decision was obtained 45 days after the newspaper was published.

2. Online cancellation of the Finance Bureau, log in to the website of the Finance Bureau and fill in the cancellation form as required, and return the original voucher to the Finance Bureau. After the online cancellation of the Finance Bureau, there is no receipt.

3. After obtaining the approval of the Commercial Committee, go to the Industrial and Commercial Bureau for cancellation and record, and publish it in the newspaper for 45 days.

After obtaining the approval of the Commercial Committee, the IRS will cancel and get a receipt.

5. After obtaining the cancellation reply from the IRS, apply to the Local Taxation Bureau for cancellation. Get a notice of cancellation of local tax.

6. Customs cancellation provides cancellation reply and cancellation application from the Commercial Committee.

7. To cancel, the State Administration of Foreign Exchange needs to close the bank account first and get a cancellation reply.

If an enterprise is revoked, it will be revoked after being investigated and punished by the industrial and commercial bureau.

The above is my practical experience to share with you, hoping to answer your questions.