Hainan company cancellation process

The cancellation procedure of the company is:

1. liquidation: before going through the cancellation with the registration authority, the company must carry out liquidation in accordance with the relevant provisions stipulated by law, including terminating production, operation and sales activities, handling company affairs, resolving civil litigation, clearing creditor's rights and distributing surplus property.

(1) In general, no matter what kind of liquidation the company belongs to, it must be carried out according to the following steps: establish a liquidation group; To carry out liquidation, the liquidation group will take over the company from the date of establishment and carry out related business: take over the company's property, close the unfinished business of the company, collect creditor's rights, pay off debts, distribute the remaining property, cancel the legal person status and revoke the business license; (2) Notifying creditors to declare their claims; (three) put forward specific liquidation plan;

2. Registration: In the cancellation process, the company must cancel its account in the following seven departments: Social Security Bureau, Industrial and Commercial Bureau, Bank of Account Opening, Quality Supervision Bureau, Public Security Bureau, Tax Bureau and newspaper media.

Legal basis: Article 183 of the Company Law of People's Republic of China (PRC). Where the company is dissolved due to the provisions of Item (1), Item (2), Item (4) and Item (5) of Article 180 of this Law, a liquidation group shall be established within 15 days from the date when the reasons for dissolution appear to start liquidation. The liquidation group of a limited liability company is composed of shareholders, and the liquidation group of a joint stock limited company is composed of directors or personnel determined by the shareholders' meeting. If a liquidation group is not established for liquidation within the time limit, the creditor may apply to the people's court to appoint relevant personnel to form a liquidation group for liquidation. The people's court shall accept the application and promptly organize a liquidation group to carry out liquidation.