the cancellation process of Yantai company is mainly divided into seven steps:

cancellation of industrial and commercial registration → cancellation of newspaper announcement → cancellation of national tax → cancellation of local tax → cancellation of industrial and commercial registration → cancellation of code → cancellation of bank

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

when a company stops operating, it will be written off cleanly and quickly, leaving no future trouble! If the cancellation is not made, the consequences are as follows:

1. The difference between cancellation and cancellation:

Cancellation: refers to that the subject qualification of an enterprise that meets the statutory requirements is eliminated after applying to the original registration authority and going through the prescribed liquidation procedures. The company completely disappeared, the legal person status was legally terminated, all employees were dismissed, all banks' money was recovered, and all creditor's rights and debts were ended. Cancellation is a legal act, and it is also the final and only result of a company's cessation of business.

revocation: 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 regulations. 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 conduct business.

2. Consequences of revocation

1. Information such as legal representative will be transmitted to the database of black-card enterprises in the national industrial and commercial system, so as to realize nationwide supervision and simultaneously include bad records in the national financial credit information system;

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

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 The legal representative whose business license has been revoked shall not apply for or serve as a senior manager of other enterprises (as a director, supervisor or senior manager of the company) within three years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

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

5. The legal representative is unable to purchase air tickets and apply for loans;

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