Consequence for Not Doing Annual Inspection
If a company does not complete the annual inspection before June 30rd, 2014, it will be in the blacklist of the government and imposed a fine from 10,000 to 100,000 yuan (RMB). If the companies don’t do the annual inspection in 60 days after the government make an announcement, its business license will be cancelled.
What's worse, the legal persons of the foreign-invested companies will be in the blacklist of the Entry & Exit Administration (Immigration department) and forbidden into China!
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| Guangzhou company registration |
Every year, all companies in China have to do annual inspection to renew their business license according to China company law. It is a routine formality, but still a bit complicated. Leave it for us to handle then you will save a lot of time and energy to engage in your business.
So, if your Guangzhou companies have not completed the annual inspection yet, take action now! Touch Law Firm provides you professional solutions for Guangzhou company registration, tax & accounting for Guangzhou company, annual inspection for Guangzhou company, and etc. For further information, please contact us at +8620-8355 5515 or info@touchlawfirm.com
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