Industrial and commercial cancellation for the record → newspaper announcement cancellation → national tax cancellation → local tax cancellation → industrial and commercial cancellation → code cancellation → bank cancellation.

Therefore, only through legal liquidation and cancellation procedures, the company can be eliminated in the legal sense, and the company and liquidation subject responsible for liquidation can be exempted from relevant legal responsibilities.

When a company stops operating, it will be cancelled cleanly, leaving no future trouble! If you don't cancel, and then be revoked by the industry and commerce, the consequences are as follows:

First, the difference between cancellation and revocation:

Cancellation: refers to the cancellation of the subject qualification of an enterprise that meets the statutory conditions after applying to the original registration authority and going through liquidation procedures according to regulations. The company disappeared completely, the legal person qualification was terminated according to law, all employees were dismissed, all the bank's money was recovered, and all the creditor's rights and debts were terminated. Cancellation is a legal act and the final and only result of the company's suspension of business.

Cancellation: refers to the behavior that the administrative department for industry and commerce forces an enterprise to stop its business activities because it violates laws, regulations or administrative rules. Before the cancellation, the company still exists, and it has to bear the corresponding creditor's rights and debts, but it is not allowed to carry out business.

Second, the consequences of revocation

1. Legal representative and other information will be transmitted to the database of black card enterprises in the national industrial and commercial system to realize national supervision, and bad records will be simultaneously included in the national financial credit information system;

2. Within 3 years after its business license is revoked, the name of the enterprise shall not be reused;

3. The legal representative whose business license has been revoked shall not be employed or serve as a senior manager of other enterprises nationwide within three years (as a director, supervisor or senior manager of the company);

4. The legal representative of the revoked enterprise shall enter the blacklist of the industrial and commercial system for life, and shall not concurrently serve as the legal representative of other companies and be included in the "blacklist", and shall not establish a new company;

5. The legal representative cannot buy air tickets or apply for loans;

6. Affect the credit of all shareholders of the company.