legal ground
Article 21 of the Regulations of People's Republic of China (PRC) Municipality on the Administration of Enterprise Legal Person Registration.
When an enterprise as a legal person goes through the cancellation of registration, it shall submit the application for cancellation of registration report signed by the legal representative, the approval document of the competent department or the examination and approval authority, the debt liquidation certificate or the document that the liquidation organization is responsible for clearing the creditor's rights and debts. After being approved by the registration authority, they shall receive the Business License of Enterprise as a Legal Person, the copy of the Business License of Enterprise as a Legal Person and the official seal, and notify their bank to cancel the registration.