What is the reason for the cancellation of the company?

Legal analysis: the reasons for the cancellation of the company are: 1, the shareholders or shareholders' meeting make a resolution to dissolve the company; 2. The company is declared bankrupt according to law; 3. The company's articles of association stipulate that the term of operation expires and will not be renewed; 4. The reasons for dissolution stipulated in the articles of association or laws appear; 5. The company is dissolved due to merger or division; 6. The company is forcibly dissolved according to law; 7. The company is cancelled or cancelled.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 68 If a legal person completes liquidation and cancellation of registration according to law for one of the following reasons, it shall be terminated:

(1) The legal person is dissolved.

(2) The legal person is declared bankrupt;

(3) Other reasons prescribed by law.

Where laws and administrative regulations stipulate that the termination of a legal person shall be approved by the relevant authorities, such provisions shall prevail.

Article 73 If a legal person is declared bankrupt, it shall be liquidated in accordance with the law, and shall be terminated upon cancellation of registration.