Legal analysis: the cancellation process of joint-stock companies is mainly divided into seven steps: 1, industrial and commercial cancellation for the record; 2. Cancel the newspaper announcement; 3. Cancel the national tax; 4. Abolish local taxes; 5. Industrial and commercial cancellation; 6. Code cancellation; 7. Bank cancellation. Conditions for cancellation of a company The company can only be cancelled if it meets the following conditions: 1. The company is declared bankrupt according to law; 2. The business term stipulated in the Articles of Association expires or other reasons for dissolution occur; 3. Merger, division and dissolution of the company; The company was ordered to close down according to law.
Legal basis: Article 41 of the Regulations of the People's Republic of China on the Administration of Company Registration. If the company is dissolved and should be liquidated according to law, the liquidation group shall file the names of the members and persons in charge of the liquidation group with the company registration authority within 10 days from the date of its establishment.