How long does it take for medical beauty institutions to go bankrupt and liquidate?
3 months to 1 year. According to the provisions of the Enterprise Bankruptcy Law of the People's Republic of China, it is known that the medical and aesthetic institutions are plastic surgery medical institutions with the medical and cosmetic qualification license issued by the local health department. The specific time of bankruptcy liquidation depends on the financial situation of the bankrupt enterprise, and it needs to be completed within 3 months to 1 year. Bankruptcy liquidation means that after the court declares a joint stock limited company bankrupt, the liquidation team takes over the company and liquidates, evaluates, handles and distributes the property of the bankrupt company.