1. If the company fails to start business for more than six months after its establishment without justifiable reasons, or it has been closed for more than six months after its opening, the company registration authority may revoke its business license;
2. Once the business license is revoked, the company shall apply for cancellation of registration;
3. If the company closes down, it shall go through the registration of closing down. If the period of business suspension expires or it has been closed for a total of three years, it shall be deemed as automatic resumption of business, and if it is decided not to operate any more, it shall cancel the registration in time;
4. There may be tax problems in the business license that has not been cancelled. Failure to pay taxes will affect the reputation of the legal representative, and enterprises will also be included in the list of abnormal operations, which will affect the reputation of the company.
Procedures for cancellation of business license:
1. Submit the application for cancellation: the enterprise shall submit the application for cancellation of its business license to the registration authority;
2. Liquidation: carry out enterprise financial liquidation and deal with the relationship between creditor's rights and debts;
3. Cancellation of tax registration: apply to the tax authorities for cancellation of tax registration certificate and settlement of taxes;
4. Announcement of suspension of business: announcement of suspension of business in designated media to inform creditors and debtors;
5. Cancellation of other licenses: cancellation of organization code certificate, social insurance registration certificate and other related licenses;
6. Approval by the registration authority: After the materials examined by the registration authority are correct, the cancellation of registration will be approved.
To sum up, if the business license is not cancelled after the suspension of business, it will be revoked, and the business license that has not been cancelled may have tax problems, which will affect the reputation of the legal representative and the company. So we should cancel the registration in time.
Legal basis:
Company Law of the People's Republic of China
Article 2 1 1
If a company fails to start business for more than six months after its establishment without justifiable reasons, or if it stops business for more than six months after its opening, its business license may be revoked by the company registration authority.
When the registered items of the company change, if the relevant change registration is not handled in accordance with the provisions of this law, the company registration authority shall order it to register within a time limit; Those who fail to register within the time limit shall be fined not less than 10,000 yuan but not more than 100,000 yuan.