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Taking over a hot pot restaurant, does the previous owner need to cancel the business license.
Required.

Once the previous owner has moved away from the business, we must ask for the cancellation of the business license and related procedures, so that the next owner can successfully register the company or individual business, normal business. To change the business license and legal person to use. The transfer is only the site. If it is an individual need to cancel the original business license before you can.