With the continuous development of the economy, market competition has become more and more fierce, and enterprises are facing more and more challenges. In such an environment, some companies are unable to operate normally due to various reasons, but do not want to exit the market. At this time, the dormancy system can come in handy.

Recently, the State Council proposed a trial implementation of the enterprise dormancy system, aiming to inject vitality into enterprises and promote market adjustment and optimization. Let’s take a closer look at the operating steps of this system.

1. What is the enterprise dormancy system?

The enterprise dormancy system refers to a system in which an enterprise suspends operations within a certain period of time but does not dissolve or cancel it. During the hibernation period, enterprises can reduce operating costs, handle internal affairs of the company, and wait for the market environment to gradually improve before restarting operations.

2. Operation steps of enterprise dormancy system

1. Apply for dormancy

Enterprises can apply for dormancy to the local industrial and commercial administration department. When applying, you need to provide relevant information such as the company's basic situation, dormancy period, reasons for dormancy, etc.

2. Publicity

After receiving the enterprise’s dormancy application, the industrial and commercial administration department must make a public announcement on the official website so that the public can understand the company’s dormancy situation.

3. Pay annual inspection fees

Enterprises still need to pay annual inspection fees during the dormant period to ensure the legitimacy of the enterprise.

4. Handle internal affairs

During dormancy, the company can handle internal affairs, such as cleaning up accounts, organizing files, etc.

5. Keep in touch

Enterprises need to maintain contact with the industrial and commercial administration departments during the dormant period and update basic company information in a timely manner.

6. Ending dormancy

After the dormancy period ends, the enterprise needs to apply to the industrial and commercial administration department to end dormancy. If an enterprise cannot resume normal operations during the dormant period, it must be liquidated or canceled in accordance with relevant regulations.

3. Advantages of enterprise dormancy system

1. Reduce operating costs

Enterprises can reduce operating costs during dormancy, such as reducing employee salaries, rent, etc. .

2. Retain corporate assets

Enterprises can retain corporate assets, such as trademarks, patents, etc., during dormancy in order to restore their market position more quickly when they restart operations.

3. Promote market adjustment and optimization

The corporate dormancy system can promote market adjustment and optimization, reduce the existence of zombie companies, and make the market more healthy and orderly.