The liquidation procedure of a partnership enterprise is:

1. When a partnership enterprise is dissolved, the liquidation shall be carried out by the liquidator;

2. The liquidator shall be appointed by all partners ;

3. With the consent of more than half of all partners, one or more partners may be appointed, or a third party may be entrusted, to serve as liquidator within fifteen days from the occurrence of the cause for dissolution of the partnership;

4. If the liquidator has not been determined within fifteen days from the date of the occurrence of the reasons for dissolution of the partnership enterprise, the partners or other interested parties may apply to the people's court to appoint a liquidator;

5. Liquidator Perform the following tasks during the liquidation period:

(1) Clean up the partnership's property and prepare a balance sheet and property list respectively;

(2) Handle the unsettled partnership related to liquidation Affairs;

(3) Pay off the taxes owed;

(4) Clear up the claims and debts;

(5) Handle the partnership after paying off the debts the remaining property;

(6) Participate in litigation or arbitration activities on behalf of the partnership.

6. The liquidator shall notify creditors of the dissolution of the partnership within ten days from the date of being determined, and shall publish an announcement in a newspaper within sixty days. Creditors shall declare their claims to the liquidator within thirty days from the date of receipt of the notice, or within forty-five days from the date of announcement if the notice is not received. When a creditor declares a creditor's right, he shall explain the relevant matters of the creditor's right and provide supporting materials. The liquidator shall register the creditor's rights;

7. During the liquidation period, the partnership shall continue to exist, but shall not carry out business activities unrelated to the liquidation;

8. The partnership property shall be used to pay liquidation expenses. and employee wages, social insurance premiums, statutory compensation and the remaining property after paying taxes owed and paying off debts, shall be distributed in accordance with the law;

9. After the liquidation is completed, the liquidator shall prepare a liquidation report and submit it to all After the partners sign and seal, they shall submit a liquidation report to the enterprise registration authority within fifteen days and apply for deregistration of the partnership enterprise.

Legal basis:

Article 86 of the "Partnership Enterprise Law of the People's Republic of China" When a partnership enterprise is dissolved, liquidation shall be carried out by the liquidator. The liquidator shall be served by all partners; with the consent of more than half of all partners, one or several partners may be appointed, or a third party may be entrusted, to serve as liquidator within fifteen days from the occurrence of the cause for dissolution of the partnership enterprise. If the liquidator has not been determined within fifteen days from the date when the reasons for the dissolution of the partnership enterprise arise, the partners or other interested parties may apply to the people's court to designate a liquidator.