9 tips to teach you how to read a business license

Consistent social reputation code

The "three-in-one" registration system for industrial and commercial operation licenses, organization code certificates and tax registration certificates has been reformed, and "one license, one number" has been implemented.

The unified social reputation code is a set of 18-bit codes used for identification of legal persons and other organizations. The Unified Social Reputation Code is issued by the National Standards Committee. The National Standards Committee issued the mandatory national standard "Coding Rules for Uniform Social Credit Codes for Legal Persons and Other Organizations"

This specification will come into effect on October 1, 2015. my country will use unified social credit codes and related basic information as "digital ID cards" for legal persons and other organizations, and will become a means of identifying legal persons and other organizations in the management and operation process.

The difference between "legal representative" and "responsible person" on the operating license

To put it simply, the legal representative recorded on the "Business License" indicates that it is a unit with independent legal personality, such as a limited liability company and a joint stock company. The person in charge recorded on the "Business License" is usually a unit without independent legal personality, such as a branch company, individual industrial and commercial household, etc. Through the difference in this name, we can determine the legal nature of the organization.

The original and copy of "Operation License"

The "Enterprise Legal Person Business License" and the "Business License" are divided into originals and duplicates, both of which have the same legal effect. If it is originally a hanging type, only one will be issued to each enterprise, and it should be placed in a conspicuous position in the residence or business premises, otherwise administrative penalties may be imposed. The copies are foldable, and enterprises can apply to the registration authority for issuance of multiple copies as needed. Copies are generally used when going out to handle things.

Such as: handling bank account opening, enterprise code certificate, signing contracts, participating in litigation, etc. The copy can be used as the original if it is stamped with the company's official administrative seal. The "Enterprise Legal Person Operation License" is also proof of the establishment of the enterprise and whether it has completed industrial and commercial registration for each change.

When is it necessary to renew the "Operation License"?

According to Article 26 of the "Regulations on Company Registration": If a company changes its registration matters, it shall apply to the original company registration authority for a change of registration. The company shall not change the registration matters without authorization without changing the registration. Article 39: If the change of registration matters involves the matters specified in the "Business License", the company registration authority shall renew the business license.

Article 9: The company’s registration matters include: name, residence, name of legal representative, registered capital, company type, business scope, operating period, names or titles of shareholders of a limited liability company or promoters of a joint stock company. That is to say, as long as the above-mentioned recorded matters change, you need to go to the industrial and commercial administrative agency for change registration and renew the license.

What can be read through the name of the legal representative on the "Operation License"?

According to the "Company Registration Regulations", the name of the legal representative is a company registration matter. The legal representative has the right to sign on relevant documents on behalf of the company. His signature is equivalent to the official seal of the company, and he is the company's legally authorized signatory.

It should be noted that the legal representative is not necessarily a shareholder of the company. He may be any natural person or even a foreigner designated by the shareholders of the company. The legal representative cannot be recognized as a shareholder of the company as a matter of course.

Preliminarily determine the business plan from the registered capital recorded in the "Enterprise Legal Person Operation License"

According to the regulations of the State Administration for Industry and Commerce, except for a few special industries, the minimum registered capital requirements for corporate legal persons have been abolished since 2014.

Pay special attention to this point: after the registered capital paid-in system is cancelled, enterprises with large registered capital may not necessarily have the scale and strength.

By checking the scope of operations of the "Operation License", it can be determined whether the enterprise has obtained relevant operating qualifications or licenses

If the business scope of an enterprise involves administrative licensing, it must obtain administrative licensing credentials before it can operate. For example: when you see real estate development in the scope of operations column. Then your first reaction is that the company must obtain the "Real Estate Development Enterprise Qualification Certificate." Then you have to check whether the company has obtained the corresponding qualification certificate.

Lenovo from the company type whether it involves state-owned assets or foreign capital

Once it involves state-owned assets or foreign investment, you must be cautious, as it involves many special laws and regulations, as well as many administrative licensing matters.

You can see the names or titles of the actual shareholders of the company

Regarding the "names or titles of shareholders of a limited liability company or promoters of a joint stock limited company" recorded on the "Enterprise Legal Person Business License", the real shareholder names or titles of the enterprise can be seen.

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