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Corporate law

Company deregistration

注销清算

Closing a Chinese company properly takes several months: liquidation, tax clearance, social insurance and customs deregistration, bank account closure and removal from the SAMR register. A clean closure protects the legal representative and the parent company.

The steps

  1. Shareholder resolution and appointment of a liquidation group
  2. Creditor notice and liquidation
  3. Tax clearance and deregistration
  4. Social insurance, customs and foreign exchange deregistration
  5. Bank account closure
  6. Deregistration with SAMR

Companies with no debts and a clean record may qualify for the simplified procedure, which is much faster.

Reviewed by Admin, Choi & Partners · 3 October 2026. This page is general information, not legal advice.
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