A sole proprietorship enterprise refers to a profit-making economic organization invested by a natural person and all its assets are owned by the investor. A sole proprietorship enterprise has no legal personality and no capacity to bear civil liability. However, a sole proprietorship enterprise is a civil subject and can engage in civil activities in its own name. At the same time, the civil liability of a branch of a sole proprietorship enterprise shall be borne by the sole proprietorship enterprise that established the branch.
Company registration method: the applicant shall apply to the company registration authority for registration of establishment according to law. Then, the applicant shall examine the application according to law, and if it meets the requirements and is granted registration, it shall submit the following materials:
1, investor qualification certificate. Such as household registration book, ID card, etc. ;
2. Application for registration;
3, the approval documents of the examination and approval authority and a copy of the approval certificate;
4. A copy of the site use certificate or lease certificate;
5. Other materials.
The company's cancellation process generally takes six months, and the specific time is determined according to the actual situation. Before the cancellation of the company, the liquidation procedure shall be completed in accordance with the law, a liquidation report shall be prepared and submitted to the company registration authority, and the company shall be applied for cancellation of registration, and the company shall be announced to terminate.