Q：
|
What does the suspend business of market entity refers to?
|
A：
|
Where business difficulties are caused by natural disasters, accidents, public health incidents, social security incidents, etc., market entities may independently decide to suspend business for a certain period of time.
|
Q：
|
Which market entities can apply for suspend business?
|
A：
|
-
Corporations, non-corporate corporations and their branches (except listed companies);
-
Sole proprietorships, partnerships and their branches;
-
Professional farmers cooperatives (associations) and their branches;
-
Individual businesses;
-
Branches of foreign companies;
-
Other market entities stipulated by laws and administrative regulations.
|
Q：
|
What needs to be done before the market entity decides to suspend business?
|
A：
|
Before suspending business, market entities shall negotiate with employees in accordance with law on matters related to the handling of labor relations and other relevant matters, and filing with the registration authority.
|
Q：
|
Which department is responsible for the suspend business of market entity?
|
|
A：
|
The departments of the people's governments at the municipal and district levels responsible for the registration and management of market entities are the registration authorities for the filing of suspend business.
|
Q：
|
How long can a market entity apply for suspend business?
|
|
A：
|
After the market entity applies for suspend business for the first time, it may apply for extension of the suspend business period before the expiration of the period, or may apply for suspend business again after resuming business, provided that the cumulative period of suspend business shall not exceed 3 years.
|
Q：
|
When should a market entity apply for an extension of the period for suspend business?
|
A：
|
Where a market entity applies for an extension of the period for suspend business, it shall handle the filing within 30 days before the expiration of the period.
|
FAQ
