A business license is a certificate issued by the administrative department for industry and commerce to an industrial and commercial enterprise or individual business person for permitting to engage in a certain production and business activity. The format is uniformly prescribed by the State Administration for Market Supervision and Administration.
The registration items 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 the original and the duplicate, both of which have the same legal effect. The original should be placed in a prominent position of the company’s residence or business premises, and the business license must not be forged, altered, leased, lent, or transferred.
Industrial and commercial enterprises or self-employed individuals without business licenses are not allowed to open business, and are not allowed to engrave official seals, sign contracts, register trademarks, or publish advertisements. Banks are not allowed to open accounts.
On September 28, 2018, the first batch of 11 business licenses and 1 industrial product production license handled in different places across the country were born in the G60 Science and Technology Innovation Corridor of the Yangtze River Delta. From March 1, 2019, the new version of the business license will be used nationwide.
On April 1, 2019, the Beijing Municipal Administration of Market Supervision and other six departments issued the "Notice on Improving the Efficiency of Business Start-up", which showed that applicants use the "ewindow" platform to handle business, and the market supervision department will approve and issue to the enterprise within one day. The electronic business license is issued, and other matters are handled in parallel within 24 hours, and the enterprise can have the operating conditions within 2-3 days.
The registration items 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 the original and the duplicate, both of which have the same legal effect. The original should be placed in a prominent position of the company’s residence or business premises, and the business license must not be forged, altered, leased, lent, or transferred.
Industrial and commercial enterprises or self-employed individuals without business licenses are not allowed to open business, and are not allowed to engrave official seals, sign contracts, register trademarks, or publish advertisements. Banks are not allowed to open accounts.
On September 28, 2018, the first batch of 11 business licenses and 1 industrial product production license handled in different places across the country were born in the G60 Science and Technology Innovation Corridor of the Yangtze River Delta. From March 1, 2019, the new version of the business license will be used nationwide.
On April 1, 2019, the Beijing Municipal Administration of Market Supervision and other six departments issued the "Notice on Improving the Efficiency of Business Start-up", which showed that applicants use the "ewindow" platform to handle business, and the market supervision department will approve and issue to the enterprise within one day. The electronic business license is issued, and other matters are handled in parallel within 24 hours, and the enterprise can have the operating conditions within 2-3 days.
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