Q：
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Under what circumstances can the market entities apply for discontinuation of business?
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A：
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In case of business difficulties caused by natural disasters, accidents, public health events, social safety events, etc., market entities may independently decide to suspend business for a certain period, except as otherwise stipulated by laws and administrative regulations.
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Q：
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How to solve employees working problem before market entities decides to suspend business?
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A：
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Market entities shall negotiate with employees in accordance with the law to deal with labor relations and other relevant matters before suspending business.
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Q：
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What procedures do market entities need to do before they decide to suspend business?
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A：
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Market entities shall file with the registration authority before suspending business. The registration authority shall publicize such information as the period of discontinuation of business and address for service of legal documents to the public through the National Enterprise Credit Information Publicity System.
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Q：
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How long can the market entities suspend business?
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A：
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The period of discontinuation of business shall not exceed 3 years.
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Q：
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Can the market entities carry out business activities during the period of discontinuation of business?
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A：
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If the market entities carries out business activities during the period of discontinuation of business, it shall be deemed to resume business and shall make such announcement to the public through the National Enterprise Credit Information Publicity System.
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FAQ
