|
Q：
|
Under what circumstances should a sole proprietorship enterprise be dissolved?
|
|
A：
|
A sole proprietorship enterprise shall be dissolved under any of the following circumstances:
-
The investor decides to dissolve;
-
The investor dies or is declared dead, there is no successor or the successor decides to renounce the inheritance;
-
The business license is revoked according to law;
-
Other circumstances provided 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 it himself or the creditor shall apply to the people's court to appoint a liquidator for liquidation.
|
|
Q：
|
Is the sole proprietorship enterprise still required to repay debts after dissolution?
|
|
A：
|
After the dissolution of a sole proprietorship enterprise, the original investor shall still be liable to repay the debts of the sole proprietorship enterprise during its existence, but if the creditor does not make a repayment request to the debtor within five years, the liability shall be extinguished.
|
|
Q：
|
What should be noted during the liquidation period of a sole proprietorship enterprise?
|
|
A：
|
During the liquidation period, the sole proprietorship enterprise shall not carry out business activities unrelated to the purpose of liquidation. The investor may not transfer or conceal the property before paying off the debts as prescribed.
|
|
Q：
|
What if the property of a sole proprietorship enterprise is not enough to pay off debts?
|
|
A：
|
If the property of a sole proprietorship enterprise is not enough to pay off the debts, the investor shall pay off the debts with his other personal property.
|
FAQ
