Can the nominal legal person of a wholly-owned company directly cancel the company?
The cancellation of a company refers to the process that a company needs to apply to the registration authority for cancellation and terminate its legal person status when it declares bankruptcy, is acquired by other companies, the prescribed business term expires or the company is dissolved internally. The nominal legal representative cannot directly cancel the company. The cancellation of the company requires the resolution of shareholders or shareholders' general meeting to dissolve the company, and the legal representative has no right to unilaterally cancel the company. According to Article 188 of the Company Law, after the liquidation of the company, the liquidation group shall prepare a liquidation report, submit it to the shareholders' meeting, the shareholders' meeting or the people's court for confirmation, and submit it to the company registration authority to apply for cancellation of company registration and announce the termination of the company.