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How long will it take to cancel the company?
1. How long will it take for the company to cancel?

1. It usually takes 2 to 3 months to cancel the company. The specific steps are as follows:

(1) The company needs to set up a liquidation team to carry out liquidation. The liquidation group takes over the company from the date of establishment, and needs to take over the company's property, liquidate the company's outstanding business and cancel the newspaper.

(2) Notifying creditors to declare their claims;

(3) Proposing liquidation plan;

(4) After the liquidation is completed, you can go to the tax bureau for tax liquidation, declare the income tax during the actual operation, and cancel the tax;

(5) The industrial and commercial cancellation process can only be carried out after the tax cancellation is completed.

(6) To cancel the company's basic deposit account and general accounts;

(7) Cancel the company's social security account;

(8) Cancellation of other relevant materials, etc.

2. Legal basis: Article 188 of the Company Law of People's Republic of China (PRC).

After the liquidation of the company, the liquidation group shall prepare a liquidation report, submit it to the shareholders' meeting, the shareholders' meeting or the people's court for confirmation, and submit it to the company registration authority to apply for cancellation of company registration and announce the termination of the company.

Article 190

If the company is declared bankrupt according to law, it shall be liquidated in accordance with the Enterprise Bankruptcy Law.

2. What are the conditions for the cancellation of the company?

1. The business term of the Company expires or other reasons for dissolution stipulated in the Articles of Association occur;

2. It is cancelled due to the merger or division of the company;

3. The shareholders' meeting resolves to dissolve the company;

4. Being revoked, ordered to close down or revoked;

5. Cancellation after being sued by shareholders to dissolve the company.

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