Deregistration in Shanghai

Deregistration is a formal action to end your business, while it is more complicated than start-up for its tedious documentations to authorities, endless tax issues, and unexpected long time. CBIZE consultants and CPAs provide a professional assistance in deregistration process with clear accountability and shared responsibility.

Deregistration of WFOE

Apply for the approval from SMCC for deregistration Deregistration of business license in SAIC Public announcement in newspaper Deregistration of organization code certificate Deregistration of tax registration certificate Deregistration of finance registration certificate Deregistration of foreign currency certificate in SAFE Deregistration of the Customs Certificate Deregistration of Social Insurance Certificate in Labor Bureau Closure of bank account

Deregistration of JV

Deregistration of JV is quite similar with WFOE in major steps of the process, the main trivia is to obtain the documents from both foreign and Chinese partners, and the solutions should be made by BOD with all partners due to its "joint" nature.

Deregistration of branch of WFOE

Except for the application to SMCC for deregistration, process for deregistration of WFOE are same in the following steps. BOD solution from parent company should be provided due to its "subordinate" nature.

Deregistration of Rep. Office

Tax liquidation by CPA firm Application for deregistration to Tax Bureau De-registration of Customs Certificate Closure of RO’s Bank Account Official De-registration with Shanghai Administration of Industry and Commerce (SAIC) Deregistration of Organization Code Certificate Deregistration of Statistics Certificate

Key Tax Points for Deregistration

Liquidation audit report should be for three years expenses and tax payables IIT tax returns for employees, Legal person or Representatives should be submit VAT tax returns should be submit according to tax officer's detail requirement Business tax returns should be submit according to tax officer's detail requirement A summary of invoices usage status together with unused invoices should be submit De-registration for invoice machine should be processed, if any All tax return for import duty should be submit in case RO has import transactions Latest three years' financial statement and EIT Annual Clearance Forms should be submit Assessment forms for taxes applicable to WFOE/JV/RO according to actual operational activities should be submit as a self-checking for the fulfillment of tax burden

Deregistration in Shanghai

Deregistration of WFOE

Deregistration of JV

Deregistration of branch of WFOE

Deregistration of Rep. Office

Key Tax Points for Deregistration

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