The process of canceling the business license of individual business

Mondo Social Updated on 2024-02-01

1. Prepare cancellation materials

Before you begin the deregistration process, make sure you have the following documents ready:

The original and copy of the business license of the individual industrial and commercial household.

Tax registration certificate and related tax information.

All relevant licensing and qualification documents.

If there is an official seal, the official seal must be returned.

The original and photocopy of the ID card of the legal representative or the person in charge.

2. Publish a cancellation announcement

Before the cancellation of the business license, it is necessary to publish the cancellation announcement in the relevant official** or newspaper, and the announcement period is generally 45 days.

The content of the announcement shall include basic information such as the name, business place, reason and time of cancellation of individual industrial and commercial households.

3. Tax liquidation

Apply to the tax department for tax cancellation and submit relevant tax information.

Ensure that all tax transactions have been settled and a tax cancellation certificate is obtained.

Fourth, the industrial and commercial cancellation process

Submit the application for cancellation to the industrial and commercial department and submit all the materials prepared above.

The industrial and commercial department reviews the submitted materials and conducts on-site inspections to confirm whether the individual industrial and commercial households meet the conditions for deregistration.

After the examination is passed, the industrial and commercial department will take back the original and copy of the business license and issue a cancellation certificate.

5. Bank account processing

If you have a bank account, you need to cancel the bank account first.

Submit an application for cancellation of a bank account and return the bank account opening permit.

Make sure there are no outstanding funds or transactions in your bank account.

6. Other related matters

If an individually-owned business has a leased business premises, it shall negotiate with the lessor to resolve the lease issue and return the original or copy of the lease contract.

If a self-employed household has employees or employees, it is necessary to deal with the labor security and wage settlement of employees.

If an individual industrial and commercial household has foreign investment or equity, it is necessary to deal with the relevant legal relationship and the protection of rights and interests.

If there are unresolved cases or disputes in individual industrial and commercial households, they need to deal with the relevant legal procedures and liability issues.

If an individually-owned business has assets or debts, it shall be liquidated and disposed of in accordance with relevant laws and regulations.

7. Precautions

During the cancellation process, it is necessary to ensure that all submitted materials are true and accurate, and avoid unnecessary legal risks caused by false materials.

The cancellation process may involve some expenses, such as announcement fees, tax liquidation fees, etc., which should be understood in advance and budgeted.

If you encounter problems or difficulties during the cancellation process, you can consult the relevant departments or professionals for help and support.

After the cancellation is completed, it is important to keep the cancellation certificate and other relevant documents and materials for future inquiries and use.

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