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The State Administration for Industry and Commerce
Reply of the State Administration for Industry and Commerce on How to Deal with the Situation that an Enterprise Disclaims its Business
License After its Application for Registration is Verified and Approved
GongShangQiZi [2000] No.289
December 4, 2000
Hubei Administration for Industry and Commerce:
We have studied your Request for Instructions on How to Deal with the Situation that an Enterprise Disclaims its Business License
After its Application for Registration is Verified and Approved (EGongShangZhuZi [2000] No.154) and now reply as follows:
According to the Regulations for Controlling the Registration of Enterprises as Legal Persons and the Regulations on Company Registration
Administration, a business entity is only legitimized after the competent registration authority approves its application and issues
the business license. Therefore those that fail to claim their business license for corporate entities within 6 months after the
approval of their applications for registration may be revoked of their registration and deprived of further issuance of the business
license for corporate entities by the competent registration authority. Businesses operating without claiming their business license
for corporate entities after the approval of their applications for registration should be duly punished for operating without a
business license.
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The State Administration for Industry and Commerce
2000-12-04
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