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Corporate Service - China

Question

Q&A Regarding Enterprise Name Registration (5)

Answer
Q:
Can the seal of the enterprise use the abbreviation of the enterprise name?
A:
The enterprise name used in its seal, bank account, etc. should be the same as the enterprise name on its business license.

Q:
Can the enterprise name be transferred?
A:
The enterprise name can be transferred according to law.

Q:
How to handle the transfer of enterprise name?
A:
The transferor and transferee of the enterprise name shall sign a written contract, register the enterprise name change with the enterprise registration authority according to law, and the enterprise registration authority shall publicize the transfer information of the enterprise name to the public through the national enterprise credit information publicity system.

Q:
What does it need to be done to authorize other enterprises to use our enterprise name?
A: The authorizer and user of the enterprise name shall respectively publicize the authorized use information of the enterprise name to the public through the national enterprise credit information publicity system.

Q:
What are the consequences if the registered business name does not comply with the relevant regulations?
A: Where the enterprise registration authority finds that the registered enterprise name does not conform to the relevant provisions on the administration of enterprise name registration, it shall promptly rectify the situation and order the enterprise to change its name according to law. If the name of an enterprise that does not immediately change is likely to seriously damage the social public interests or have adverse social effects, it may be replaced with a unified social credit code upon approval by the principal person in charge of the enterprise registration authority.

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