Q&A Regarding Sole Proprietorship Enterprise (2)
Q: | How to determine the establishment date of the sole proprietorship enterprise? |
A: |
The date when the business license of the sole proprietorship enterprise is issued shall be the date when the sole proprietorship enterprise is established. |
Q: | When can a sole proprietorship enterprise open for business? |
A: |
Before obtaining the business license of a sole proprietorship enterprise, the investor shall not engage in business activities in the name of a sole proprietorship enterprise. |
Q: | How to establish a branch of a sole proprietorship enterprise? |
A: |
When a sole proprietorship enterprise establishes a branch, the investor or their authorized agent shall apply for registration with the registration authority in the location of the branch and obtain a business license. |
Q: | Does a sole proprietorship enterprise need to go through the change registration after its registered items are changed? |
A: |
Where the registered items are changed during the term of existence of a sole proprietorship enterprise, the sole proprietorship enterprise shall apply to the registration authority for change registration within 15 days from the date of making the decision on the change. |
Q: | Who cannot establish a sole proprietorship enterprise? |
A: |
People who are prohibited by laws and administrative regulations from engaging in profit-making activities are not allowed to apply for the establishment of a sole proprietorship as investors. |