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Q&A Regarding Sole Proprietorship Enterprise (4)

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Q:
Under what circumstances does a sole proprietorship enterprise need to be dissolved?
A:
A sole proprietorship enterprise shall be dissolved under any of the following circumstances:
  1. The investor decides to dissolve;
  2. The investor dies or is declared dead, and there is no heir or the heir decides to give up the inheritance;
  3. The business license is revoked according to law;
  4. Other circumstances stipulated by laws and administrative regulations.

Q:
How to liquidate a sole proprietorship enterprise after dissolution?
A:
When a sole proprietorship enterprise is dissolved, the investor shall liquidate itself or the creditor shall apply to the people's court to appoint a liquidator for liquidation.

Q:
How should a sole proprietorship enterprise apply for deregistration?
A:
Where a sole proprietorship enterprise is dissolved in accordance with the relevant provisions, the investor or liquidator shall apply to the original registration authority for deregistration within 15 days from the date of completion of liquidation.

Q:
What materials should a sole proprietorship enterprise submit to apply for deregistration?
A:
  1. Application form for deregistration signed by the investor or the liquidator;
  2. Liquidation report signed by the investor or the liquidator;
  3. Tax clearance certification materials;
  4. The original and duplicate of the business license;
  5. The liquidator shall submit the certificate that the people's court designates him as the liquidator when the liquidator applies for deregistration.

Q:
How long does it take for a sole proprietorship enterprise to apply for deregistration?
A: The registration authority shall decide on approval or disapproval of registration within 15 days from the date of receipt of all the application documents of deregistration. If it is approved, a notice of approval shall be issued; If it is disapproved, a notice of rejection of enterprise registration shall be issued.

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