No need. The original law on the annual inspection of business licenses has been revised and the annual inspection of business licenses has been cancelled. According to the "Reform Plan for the Registered Capital Registration System" recently issued by the State Council, the annual inspection system for enterprises has been changed to the annual report disclosure system for enterprises; the license verification for individual industrial and commercial households will also establish an annual reporting system that meets the characteristics of individual industrial and commercial households.
What information is needed for the annual inspection of the enterprise?
1. Annual inspection report;
2. Certificate from the enterprise’s designated representative or authorized agent;
3. Copy of business license;
4. If the business scope includes business items subject to pre-registration administrative licensing, copies of relevant licenses and approval documents stamped with the company's seal;
5. Other materials required to be submitted by the State Administration for Industry and Commerce.
Enterprise legal persons shall submit annual balance sheets and profit and loss statements, and joint-stock companies, futures brokerage companies and foreign-invested enterprises shall also submit audit reports issued by accounting firms.
If the enterprise has an unincorporated branch, it should also submit a copy of the branch's business license.
Enterprises that have entered liquidation must only submit the materials listed in items 1 to 5 above.
A business license is a certificate issued by the industrial and commercial administration authority to industrial and commercial enterprises and individual traders allowing them to engage in certain production and business activities. Its format is uniformly stipulated by the State Administration for Market Regulation.
The registration matters are: name, address, person in charge, amount of funds, economic composition, business scope, business method, number of employees, business period, etc. The business license is divided into original and duplicate, both of which have the same legal effect. The original copy shall be placed in a conspicuous place at the company's residence or business premises, and the business license shall not be forged, altered, rented, lent or transferred.
Industrial and commercial enterprises or self-employed individuals without a business license are not allowed to open their business. They are not allowed to engrave official seals, sign contracts, register trademarks, or publish advertisements. They are not allowed to open bank accounts.
On September 28, 2018, the country’s first batch of 11 business licenses and 1 industrial product production license were issued in the Yangtze River Delta G60 Science and Technology Innovation Corridor. Starting from March 1, 2019, a new version of business license will be launched nationwide.
On April 1, 2019, six departments including the Beijing Municipal Administration for Market Regulation issued the "Notice on Improving the Efficiency of Business Start-up", which showed that applicants handle business through the "e Window Pass" platform, and the market supervision department The electronic business license will be approved and issued to the enterprise within 1 day. Other matters will be processed in parallel within 24 hours, and the enterprise will be able to meet the operating conditions in 2-3 days.
Legal Basis
"Company Law of the People's Republic of China"
Article 7 A company established in accordance with the law shall be issued a business license by the company registration authority. license. The date of issue of the company's business license is the date of establishment of the company.
The company's business license shall state the company's name, address, registered capital, business scope, name of the legal representative, and other matters.
If the matters recorded in the company's business license change, the company shall handle the change registration in accordance with the law, and the company registration authority shall renew the business license.