close GZ WFOE注销外企

How to close down Guangzhou WFOE

Conditions for Termination

In line with Chinese law, a foreign-funded enterprise shall be terminated where any of the following conditions occurs:
1. That the term of operation expires;
2. That the investors have decided to dissolve the enterprise because of poor operation and serious losses;
3. That the enterprise can not continue to operate because one of the partners has failed to fulfil its obligations defined by the contract and charter of incorporation;
4. That the enterprise can not continue to operate because of serious losses resulting from factors of force majeure such as natural disasters and war;
5. That the enterprise has become insolvent;
6. That the enterprise has been dissolved for violation of law or harming public interests;
7. That there have occurred other reasons to dissolve the enterprise as defined by the contract and charter of incorporation.