The business license must be canceled after it expires. The business license of an enterprise will not be automatically canceled because it does not operate for a long time. Instead, the business license will be revoked because the company does not cancel the company. A self-employed business license will be automatically canceled when it expires. The company's business license will become invalid if it expires and is not verified. If you do not cancel for a long time, you still need to pay taxes, otherwise you will be fined, your license will be revoked, and the legal person will be blacklisted.
Legal Basis
Article 68 of the "Company Registration and Management Regulations"
If a company fails to open business for more than 6 months without justifiable reasons after its establishment, or it does not open business If the company ceases business on its own initiative for more than 6 consecutive months, the business license may be revoked by the company registration authority.