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What is the impact of having your business license revoked?
Revocation of business license has the following effects:

1, the company lost the right to produce and operate;

2. Loss of the right of final relief;

3, lost the right to request legal protection.

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, and its format is 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 difference between the original and the duplicate of the business license The original and the duplicate of the business license have the same legal effect, and there is no difference in essence. If there is a difference, it is only a form of representation. In terms of use, the original must be hung in a prominent position in the business premises, otherwise it may be punished for not hanging the license. Copies are generally used for going out to handle business, such as handling bank account opening license, enterprise organization code certificate, tax registration certificate, signing contract, etc.

After obtaining a business license, you cannot start business immediately, and you must also handle the following matters:

1, lettering and other matters;

2. Handle basic bank accounts;

3. Bookkeeping and tax returns;

4. Pay social security;

5. Apply for tax control and invoices;

6. Annual report of the enterprise.

legal ground

Regulations of People's Republic of China (PRC) Municipality on the Administration of Enterprise Legal Person Registration

Article 20 An enterprise as a legal person shall cancel its registration with the registration authority if it is closed, revoked, declared bankrupt or terminated for other reasons. Article 21 When an enterprise as a legal person goes through the cancellation of registration, it shall submit the application report for cancellation of registration signed by its legal representative, the approval document of the competent department or the examination and approval authority, the debt liquidation certificate or the document that the liquidation organization is responsible for clearing the creditor's rights and debts. After being approved by the registration authority, they shall receive the Business License of Enterprise as a Legal Person, the copy of the Business License of Enterprise as a Legal Person and the official seal, and notify their bank to cancel the registration.