According to Article 55 of the Enterprise Income Tax Law, if an enterprise terminates its business activities in the middle of the year, it shall, within 60 days from the date of actual termination, handle the final settlement and payment of enterprise income tax for the current period with the tax authorities. Before going through the cancellation of registration, an enterprise shall declare its liquidation income to the tax authorities and pay enterprise income tax according to law.

The forms to be filled in mainly include:

(1) main form: People's Republic of China (PRC) enterprise liquidation income tax return.

(2) Schedule: schedule of profit and loss of asset disposal, schedule of profit and loss of debt settlement, schedule of calculation and distribution of surplus property.