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Q：
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What does a sole proprietorship enterprise need to do after liquidation?
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A：
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After the liquidation of a sole proprietorship enterprise, the investor or the liquidator designated by the People's Court shall prepare a liquidation report and apply to the registration authority for deregistration within 15 days.
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Q：
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Under what circumstances will a sole proprietorship enterprise's business license be revoked?
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A：
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The business license shall be revoked if the sole proprietorship enterprise fails to commence operations without justifiable cause for a period exceeding 6 months after establishment, or voluntarily suspends business operations continuously for over 6 months after commencement.
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Q：
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What are the consequences if a sole proprietorship enterprise fails to handle the change registration on time?
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A：
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When the registered items of a sole proprietorship enterprise are changed, if it fails to handle the relevant change registration as required, it shall be ordered to handle the change registration within a time limit; Those who fail to do so within the time limit shall be fined not more than RMB 2,000.
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Q：
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Does the person who manages the affairs of a sole proprietorship enterprise need to compensate for any damage caused to investors?
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A：
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If the person entrusted or hired by the investor to manage the affairs of the sole proprietorship enterprise violates the contract concluded between the two parties and causes damage to the investor, he/she shall bear civil liability for compensation.
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Q：
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What are the consequences of a sole proprietorship enterprise transferring property before liquidation?
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A：
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If a sole proprietorship enterprise or its investors conceal or transfer property or evade debts before or during liquidation, their property shall be recovered according to law and punished in accordance with relevant provisions; If the case constitutes a crime, criminal responsibility shall be investigated according to law.
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FAQ
