If the tax is cancelled, there is no need to cancel the business immediately. However, if the tax is cancelled and the relevant financial statements and tax statements cannot be provided, then it will not pass the annual inspection of industry and commerce. So you can cancel your business license after tax cancellation until the annual inspection next year. If the annual inspection fails, the company's license will be revoked by the industrial and commercial bureau. According to Article 4 of the Regulations on the Administration of Registration of Legal Representatives of Enterprises, if the legal representative of an enterprise whose business license has been revoked due to violation of the law is personally responsible for the illegal acts of the enterprise, he shall not serve as the legal representative if it has not been more than three years since the date of revocation of the business license of the enterprise. However, in the actual implementation in various places, it should be that the shareholders, directors and managers of the revoked enterprises can no longer register in the industrial and commercial bureau to hold the above positions.