Shenzhen Company Cancellation Service
Hotline: 86-755-82143348, Email: amyhuang@citilinkia.com
Shenzhen Company Cancellation refers to that a Shenzhen company files an application to the related government department when shareholders decide to terminate the company. And the Shenzhen company should follow all the other procedures to proper company dissolution.
In What Cases Will Shenzhen company Cancellation Happen?
According to the related company law, a Shenzhen company may have to be deregistered because of one of the following reasons:
1. The business operation term as agreed in the company’s Articles of Association becomes expired or other condition for dissolution as agreed in the Articles of Association for dissolution occurs;
2. Resolution of dissolution is made by the meeting of shareholders;
3. The company is merged or separated and the company will not exist any more;
4. The business license is revoked by government, or the company is ordered to be closed or cancelled;
5. There is serious difficulty in company’s operation and management and the shareholder’s interest may suffer great loss if the company continues to operate. Shareholders who holding ten percent or above voting right may file to the court for dissolution if negotiation among shareholders fails.
Procedures of Shenzhen company Cancellation
In Xiamen, the procedures for company Cancellation is rather complicated, particularly in face of different kinds of departments. For a Shenzhen company to be properly dissolved, the following procedures should be taken adopt of:
1. Formal corporate action (liquidation procedure)
2. Filing with the appropriate government department
3. Processing of all creditor claims
4. Statutory notice to creditors
5. Sale and distribution of all remaining assets
6. Cancelation of invoice, business license, and other registered information
Please note that before filing the application for Cancellation, you should close the corporate bank account and also make sure that there is no outstanding accounts receivable.
Time Required For Shenzhen company Cancellation
Normally, an officially process of Shenzhen company Cancellation in a whole will take around six months.
ATAHK services about Shenzhen company Cancellation maninly include:
• Assessment of The Necessity of Company Cancellation
• Assessment of Taxation Risk in Deregistering Company
• Contemplation of Cancellation Scheme
• Preparation of Relevant Documents
Contact Us
For further queries, please do not hesitate to contact ATAHK at anytime, anywhere by simply calling China hotline at 86-755-82143348, or emailing to amyhuang@citilinkia.com.