Legal analysis: When a collective enterprise cancels its registration, it shall submit an application for cancellation of registration signed by its legal representative. The approval document of the competent department and the completion certificate of creditor's rights and debts comply with the relevant provisions of the Regulations on the Administration of Registration of Enterprise Legal Persons in People's Republic of China (PRC) and the Detailed Rules for the Implementation of the Regulations on the Administration of Registration of Enterprise Legal Persons in People's Republic of China (PRC), and go through the cancellation procedures according to the specific requirements of the administrative department for industry and commerce. In this process, we should pay attention to the legal compliance and integrity of the program.

Legal basis: Article 20 of the Regulations of People's Republic of China (PRC) Municipality on collectively-owned enterprises in cities and towns. When a collective enterprise terminates, it must cancel its registration in accordance with the Regulations of People's Republic of China (PRC) Municipality on the Administration of Enterprise Legal Person Registration and make an announcement.