How to cancel a shell company

The cancellation process of shell companies is as follows:

1. Convene the board of directors or shareholders' meeting: According to the company law, the cancellation of the company must be decided by the board of directors or shareholders' meeting, so you need to convene the board of directors or shareholders' meeting to decide the cancellation of the company;

2. Prepare the application documents for cancellation: After deciding to cancel the company, you need to prepare the application documents for cancellation. The application documents for cancellation shall include the basic information of the company, resolutions of the board of directors or shareholders' meeting, financial statements of the company and other materials;

3. Submit an application for cancellation to the company registration authority: after preparing the application documents for cancellation, you need to submit an application to the company registration authority. The specific operation methods and requirements may be different in different countries or regions. For specific operation steps and requirements, please consult the local company registration authority.

4. Fill in and submit the tax return: After submitting the cancellation application to the company registration authority, you need to submit the tax return to the tax authority to confirm that the company has no unpaid taxes or other liabilities. In different countries or regions, the specific contents and operation methods of tax declaration may be different. Specific operation steps and requirements can be consulted with the local tax authorities.

5. Notify relevant parties of the company: Before canceling the company, you need to notify relevant parties of the company, including employees, suppliers and customers. You need to inform them of the time and reason for the cancellation of the company, and make settlement and liquidation with them. If the company has outstanding debts or disputes, you need to solve these problems before cancellation.

Materials cancelled by shell companies:

1. Application Form for Cancellation: You need to fill in and submit the Application Form for Cancellation of Shell Companies, which can be obtained or downloaded from the local industrial and commercial bureau or the market supervision administration;

2. Company liquidation report: It is necessary to prepare and submit a company liquidation report, which should list the company's creditor's rights, debts, property and assets in detail to ensure that the liquidation process is legal and compliant;

3. Cancellation of tax certificate: it is necessary to apply to the tax authorities for cancellation of tax certificate and submit the tax certificate issued by the tax authorities;

4. Bank account cancellation certificate: you need to submit an application to the bank, handle the bank account cancellation procedures, and submit the bank account cancellation certificate issued by the bank;

5. Other relevant materials: According to the specific circumstances, it may be necessary to submit other relevant materials, such as the identity certificate of legal person or shareholder, articles of association, etc.

To sum up, the cancellation procedures of shell companies in different countries or regions may be different, and corresponding operations need to be carried out according to local laws, regulations and operational requirements. At the same time, it takes some time and expense to cancel the company, and it needs to be prepared in advance.

Legal basis:

Article 188 of the Company Law of People's Republic of China (PRC)

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.