U-achievement
In the company liquidation and deregistration service, we provide a comprehensive liquidation process services and pre-liquidation preparation work, including the formulation of the liquidation plan, evaluation of tax risks associated in liquidation process, and estimation of exposure in the termination of employment contracts, cancellation procedures of various government departments, liquidation audits, support for tax audit, remittance of final dividends for headquarter.
Pre-Deregistration
- Termination of employee contracts (calculation of severance payments), writing off equipment/inventory/fixed assets, clearance of accounts receivable/payable, recognition of unpaid taxes and social security balances.
- Develop liquidation plan
Company Deregistration
- Organize the liquidation board and conduct a board meeting
- Terminate the employment contract with each employee
- Implement liquidation audits
- Receive tax clearance letter
- Remittance of final dividends and repay the investment
- Deregistration of the company at various government departments (Industry and Commerce Bureau / Foreign Exchange Bureau / Tax Bureau / Customs / Social Security Bureau / Provident Fund Management Center)
- Cancellation of bank accounts
