The company cancellation process is mainly divided into seven steps: industrial and commercial cancellation for filing, cancellation of newspaper announcement, cancellation of national tax, cancellation of local tax, industrial and commercial cancellation, code cancellation and bank cancellation.

Legal basis:

Regulations of the People's Republic of China on the Administration of Company Registration

Article 41 If the company is dissolved and should be liquidated according to law, the liquidation group shall, within 10 days from the date of its establishment, file the names of the members and responsible persons of the liquidation group with the company registration authority for the record.

Article 42 Under any of the following circumstances, the liquidation group of the company shall apply to the original company registration authority for cancellation of registration within 30 days after the liquidation of the company is completed:

(1) The company is declared bankrupt according to law.

(2) The business term specified in the articles of association expires or other reasons for dissolution specified in the articles of association occur, except that the company survives by amending the articles of association;

(3) The shareholders' meeting or general meeting decides to dissolve, or the shareholders of a one-person limited liability company or the board of directors of a foreign-invested company decides to dissolve;

(4) The business license is revoked, ordered to close or revoked according to law;

(5) The people's court is dissolved according to law;

(6) Other circumstances of dissolution as stipulated by laws and administrative regulations.

Article 43 A company applying for cancellation of registration shall submit the following documents:

(1) An application for cancellation of registration signed by the person in charge of the liquidation group of the company;

(2) Bankruptcy ruling and dissolution judgment of the people's court, resolutions or decisions made by the company in accordance with the Company Law, documents ordered by the administrative organ to close down or the company is revoked;

(3) liquidation reports confirmed by the shareholders' meeting, shareholders' meeting, shareholders of a one-person limited liability company, the board of directors of a foreign-invested company or the people's court or the company examination and approval authority for the record;

(4) Business license of enterprise as a legal person;

(5) Other documents required by laws and administrative regulations. When a wholly state-owned company applies for cancellation of registration, it shall also submit the decision of the state-owned assets supervision and administration institution. Among them, the important wholly state-owned companies identified by the State Council shall also submit the approval documents of the people's government at the same level. When a company with a branch applies for cancellation of registration, it shall also submit the certificate of cancellation of registration of the branch.

Article 44 The company shall be cancelled by the company registration authority and terminated.