Q: Now my company has no any business. No revenue, no employee, can I stop the accounting and tax work for the company?

R: At present, the company can stop the accounting work but each company before the de-registration needs to do regular tax filing according to the tax regulation and each year still needs to do the annual report at the online system "National Enterprise Credit Information Publicity System".

Q: If not do, what is the result for the company?

R: The company will be in the abnormal name list given by the government which will affect the company's tax credit rating from a higher level to lowest level. You known, the company's tax credit rating is very important for the company's business. Additional, in future, when the company re-starts the business, all the un-filled tax reports still need to be filled.

Q: Ok, so the only choice is keeping the tax filing, and when no any transaction, then stop the accounting treatment If I want to keep the company.

R: Yes, it is the best way for the company's present situation. 

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