1. After the resolution of dissolution is made by the shareholders' meeting of the subsidiary, a liquidation group needs to be established to liquidate the company's property.
2. Cancel the national and local tax registration certificate with the tax authorities.
3. Go to the Quality Supervision Bureau to cancel the organization code.
4. Go to the Bureau of Statistics to cancel the statistical certificate.
5. Go to the local industrial and commercial bureau for cancellation and filing.
6. Cancel the bank account opening license at the account opening bank.
7. Destroy the company seal according to law.
8. Relevant legal basis: Company Law
(1) Article 180 The company is dissolved for the following reasons:
(1) The business term stipulated in the articles of association expires or other reasons for dissolution stipulated in the articles of association occur;
(2) The shareholders' meeting or shareholders' meeting decides to dissolve;
(3) The company needs to be dissolved due to merger or division;
(4) The business license is revoked, ordered to close or revoked according to law;
(5) The people's court shall be dissolved in accordance with the provisions of Article 182 of this Law.
(2) Article 183 Where a company is dissolved due to the provisions of Items (1), (2), (4) and (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.
2. What is the liquidation procedure during the cancellation of subsidiaries?
The emergence of 1. liquidation plan needs the confirmation of the shareholders' meeting or the court.
2. Pay liquidation expenses, employee salaries and social security expenses, pay taxes and pay off debts.
3. The remaining property shall be distributed according to the proportion of capital contribution or shareholding of shareholders.
4. Relevant legal basis: Article 186 of the Company Law. After clearing the company's property, the liquidation group shall formulate a liquidation plan and report it to the shareholders' meeting, shareholders' meeting or people's court for confirmation.
After paying the liquidation expenses, employees' wages, social insurance expenses and statutory compensation, paying the taxes owed and paying off the company's debts, the company's property shall be distributed according to the proportion of capital contribution of shareholders of a limited liability company and the proportion of shares of shareholders of a joint stock limited company.
During the liquidation period, the company shall survive, but shall not carry out business activities unrelated to liquidation. The company's property shall not be distributed to shareholders before it is paid off in accordance with the provisions of the preceding paragraph.
The cancellation process of the subsidiary is to set up a liquidation group to liquidate the company's property; Go to the tax authorities to cancel the national tax registration certificate; Go to the Quality Supervision Bureau to cancel the organization code; Go to the Bureau of Statistics to cancel the statistical certificate; Go to the local industrial and commercial bureau for cancellation and filing; Go to the bank to cancel the bank account opening license; Destroy the company seal according to law. I hope the above content can help you. If you have any other questions, please click the button below to consult a professional lawyer.