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Q&A Regarding New Company Law of 2024 (6)

Answer
Q:
Can electronic business license replace paper business license?
A:
Electronic business license and paper business license have the same legal effect.

Q:
What should a company do when its registered items change?
A:
Where the registered items of a company are changed, the change registration shall be handled in accordance with the law.

Q:
Will the company renew its business license after changing its registration items?
A:
If the items recorded in the company's business license are changed, the company registration authority shall renew the business license after the company has registered the change.

Q:
What materials does the company need to submit when applying for change registration?
A: When a company applies for change registration, it shall submit to the company registration authority an application for change registration signed by the company's legal representative, a change resolution or decision made according to law and other documents.

Q:
What should a company do when its dissolved?
A: If a company needs to terminate due to dissolution, declaration of bankruptcy or other legal reasons, it shall apply to the company registration authority for deregistration according to law, and the company registration authority shall announce the termination of the company.

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