Xiamen Taxation Service
Hotline: 86-755-82143348 Email: 2355725105@qq.com
Xiamen Company Cancellation refers to that a Xiamen company files an application to the related government department when shareholders decide to terminate the company. And the Xiamen company should follow all the other procedures to proper company dissolution.
In What Circumstances Will Xiamen Company Cancellation Happen?
According to the related company law, a Xiamen 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 Xiamen Company Cancellation
In Xiamen, the procedures for company Cancellation is rather complicated, particularly in face of different kinds of departments. For a Xiamen 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. Statutory notice to creditors
4. Processing of all creditor claims
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 Xiamen Company Cancellation
Normally, an officially process of Xiamen Company Cancellation in a whole will take around six months.
ATAHK services about Xiamen 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, you are welcome to visit ATAHK website www.3737580.net or email to atahkhk@21cn.com/ ata-cfmp@hotmail.com or contact any of the following branches, thank you.
HONGKONG TEL: 852-27837818
XIAMEN TEL: 86-592-5332308 CHINA TEL: 86-755-82143422