How to Logout for Foreign Investment Enterprises in China?

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No matter which country you are investing, due to the unfamiliar laws and regulations, foreign investment enterprises usually have great difficulties in dealing with the procedure. Situation is the same with foreign investment enterprises in China.
No matter which country you are investing, due to the unfamiliar laws and regulations, foreign investment enterprises usually have great difficulties in dealing with the procedure. Situation is the same with foreign investment enterprises in China. When it comes to the logout service, which is in mere demand, how much do you know about it?
 
Service Providers
This service is jointly conducted by Urban Industrial and Commercial Branch Bureau and Industrial and Commercial Office of Urban Foreign Investment Service Center in the city where foreign-capital enterprise want logout service.
 
Conditions for Logout
1. The enterprise is legally acclaimed a bankrupt.
2. The company contract and the regulated operation expire or some other causes.
3. Board of directors decides to dissolve.
4. The company is dissolved due to merger or separation.
5. The company is legally ordered to close.
 
Files Needed for Logout
1.    Application of Logout of Foreign Investment Enterprise, signed by legal representative of the company
2.    Board of directors’ resolution paper about dissolving
3.    Files about the bankrupting verdict of the law court and closure order of executive agency
4.    Clearance report confirmed by the board of directors or chief clearance agency
5.    At least three certificates about creditor’s notice given by clearance group of the company and published on newspaper
6.    Logout certificate opened by the custom, central tax and land tax departments.
7.    Certificate about revoking seal, opened by public security agency
8.    The original copy of franchise authorized by original approving authority (Non-expired operation authority file should be handed in)
9.    The original and duplicated copy of business license of the company
 
Process of the Logout Service
1.    After having prepared all of the files, the company applies for a logout service from the service provider, who then give the company a piece of Notice of Logout Reception
2.    With this Notice of Logout Reception and his or her ID card, the responsible person of the company takes the Notice of Logout at registration authority, or takes the Notice of Rejecting Logout Service.

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