Legal basis: Article 43 of the Regulations of the People's Republic of China on the Administration of Company Registration is under any of the following circumstances, the liquidation group of the company shall apply to the original company registration authority for cancellation of registration within 30 days from the end of the liquidation of the company:
(1) The company is declared bankrupt according to law.
(2) The business term specified in the articles of association expires or other reasons for dissolution specified in the articles of association occur, except that the company survives by amending the articles of association;
(3) The shareholders' meeting or general meeting decides to dissolve, or the shareholders of a one-person limited liability company or the board of directors of a foreign-invested company decides to dissolve;
(4) The business license is revoked, ordered to close or revoked according to law;
(5) The people's court is dissolved according to law;
(6) Other circumstances of dissolution as stipulated by laws and administrative regulations. An enterprise as a legal person can apply to the court for bankruptcy as long as it meets the bankruptcy conditions: it cannot pay off its debts due, its assets are insufficient to pay off all its debts or it obviously lacks solvency.