What is the difference between deregistering a company and revoking a company.
Deregistration and revocation of a company are two different legal states, and the main difference between them is the cause and effect.
Deregistration of a company is an act of initiative, usually by the decision of the company's shareholders or the board of directors to dissolve the company, and in accordance with the provisions of relevant laws and regulations, liquidation and deregistration. The reasons for the deregistration of the company may include the company's poor management, the resolution of the shareholders' meeting to dissolve, the company's transformation, etc. The process of deregistering a company requires liquidation, announcement, deregistration and other steps in accordance with legal procedures, and finally makes the company disappear from the law. The revocation of the company is a passive state, usually due to the company's violation of relevant laws and regulations, such as failing to submit annual reports on time, illegal operations, etc., and being revoked by the relevant administrative authorities in accordance with the law. The consequence of the revocation of the company is that the company is not allowed to re-carry out business activities within a certain period of time, and if the company fails to carry out liquidation and deregistration in accordance with the regulations after being revoked, it may be forcibly deregistered by the industrial and commercial department. Overall, the difference between a deregistered company and a revocation is mainly due to the causes and consequences. The deregistration of the company is an active act and requires liquidation and deregistration, while the revocation of the company is a passive state, usually due to illegal business operations and other reasons, the business license or permit is revoked by the administrative authority in accordance with the law. 