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Corporate Service - China

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Q&A Regarding the Administrative Regulations of the People’s Republic of China on the Registration of Market Entities (6)

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Q:
When a market entity changes its business scope to items subject to approval (pre-approval) according to law, when should it apply for change registration?
A:
The change registration should be applied for within 30 days from the date of approval.

Q:
What should I do if the validity period expires for a license subject to approval (pre-approval) according to law?
A:
Where a license or approval document is revoked, cancelled, or the validity period expires, the market entity shall apply to the registration authority for change registration or cancel registration within 30 days from the date when the license or approval document is revoked, cancelled or the validity period expires.

Q:
Market entity relocates its main business premises to other regions to continue its operations, how to apply for change registration?
A:
If a market entity changes its residence or its main business premises cross the jurisdiction of the registration authority, it shall apply to the registration authority of the place of relocation for change registration before moving into the new residence or main business premises.

Q:
Do market entity need to reissue its Business Licenses if it changes registration items?
A: If the change registration of a market entity involves the items recorded in the Business License, the registration authority shall promptly reissue the Business License for the market entity.

Q:
When a market entity changes the record items, when should it apply for a new record?
A: If a market entity changes the record items, it shall apply for a new record with the registration authority within 30 days from the date of the change resolution, decision or the occurrence of the statutory change item. If Farmers’ Professional Cooperative (Union) changes its members, it shall apply for a new record with the registration authority within 90 days from the end of the current fiscal year.

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