1. How long does it take to cancel the personal business license?
It takes about 2 to 3 days to cancel the personal business license. To cancel the business license, we must first publish a cancellation notice in a newspaper at or above the prefecture level, stating that the company should cancel and no longer operate. At the same time, the company should set up a liquidation team to liquidate its internal creditor's rights and debts, taxes and employees' wages, and issue a liquidation report. The members of the liquidation team shall go through the registration formalities at the local administrative department for industry and commerce. Next, you can handle the cancellation procedures of national tax, industry and commerce and code certificate according to this. Among them, the industrial and commercial cancellation must be carried out 45 working days after the cancellation announcement is published.
Second, the process of personal business license cancellation
The process of cancellation of individual business license: it must be accompanied by the application for cancellation of registration of individual industrial and commercial households, the original and duplicate of business license, the copy of individual industrial and commercial households' ID card and individual official seal, the cancellation certificate of tax registration certificate issued by tax authorities and other related materials. Then go to the local tax bureau where the self-employed person is located to settle the unused invoices, and then report the quarterly tax. Fill in the cancellation materials at the local taxation bureau. Cover the official seal and take the notice from the IRS to go to the IRS for the same process. After stamping the official seal, bring the notice certificate from the State Taxation Bureau and the Local Taxation Bureau to the Industrial and Commercial Bureau to fill in the application for cancellation and submit all relevant materials.
3. Do I have to pay tax on the cancellation of my personal business license?
There is no need to pay tax for the cancellation of personal business license, but the cancellation of tax registration is required before the cancellation of personal business license. I remind you that the cancellation of tax registration can only be done after the tax payable, overpayment (exemption) of tax, late payment fees and fines, cancellation of invoices, tax registration certificates and other tax certificates are approved by the tax authorities.
According to Article 28 of the Measures for the Administration of Tax Registration, if a taxpayer is dissolved, bankrupt, revoked or otherwise, and terminates his tax obligation according to law, he shall report to the original tax registration authority for cancellation of tax registration with relevant documents and materials before going through the cancellation of registration with the administrative department for industry and commerce or other organs.