Business license is a certificate issued by the administrative department for industry and commerce to industrial and commercial enterprises and individual operators to engage in certain production and business activities. Its format shall be uniformly stipulated by the State Administration of Market Supervision.
The registered items include: name, address, person in charge, amount of funds, economic composition, business scope, business mode, number of employees, business period, etc. Business licenses are divided into originals and duplicates, which have the same legal effect. The original shall be placed in a prominent position in the company's domicile or business premises, and the business license shall not be forged, altered, leased, lent or transferred.
Without a business license, industrial and commercial enterprises or individual operators are not allowed to start business, engrave official seals, sign contracts, register trademarks or advertise, and banks are not allowed to open accounts.
The business license of individual industrial and commercial households is valid for a maximum of 4 years; The registration authority may verify the validity period of the business license according to the use period of the business premises of individual industrial and commercial households, and the validity period shall be at least 6 months. Individual industrial and commercial households shall apply to the registration authority for renewal of their business licenses within 1 month before the expiration of their business licenses, and the registration authority shall timely renew them according to law.
Citizens who have the ability to operate shall be registered by the administrative department for industry and commerce, obtain the business license of individual industrial and commercial households and carry out business activities according to law.
The business license of individual industrial and commercial households is divided into original and duplicate, which have the same legal effect. The original business license shall be placed in a prominent position in the business premises of individual industrial and commercial households.
Individual industrial and commercial households shall apply to the registration authority for annual inspection every year, and the registration authority shall verify the registered items of individual industrial and commercial households and the operation of the previous year in accordance with the Measures for Inspection of Individual Industrial and Commercial Households.
Individual industrial and commercial households that change their registration involves matters recorded in their business licenses shall renew their business licenses. If the business license of individual industrial and commercial households is lost or damaged, it shall be declared invalid in the publicly issued newspaper and apply to the registration authority for a replacement or renewal.
laws and regulations
Company Law of the People's Republic of China
Article 7 A company established according to law shall be issued a business license by the company registration authority. The date of issuance of the business license of the company is the date of establishment of the company.
The company's business license shall specify the company's name, domicile, registered capital, business scope, name of legal representative and other matters.
Where the matters recorded in the company's business license change, the company shall register the change according to law, and the company registration authority shall issue a new business license.