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Q&A Regarding the Administrative Regulations of the People’s Republic of China on the Registration of Market Entities (3)

Answer
Q:
What are the restrictions on the way of capital contribution?
A:
Company shareholders, non-corporate enterprise legal persons investors, and members of specialized farmers’ cooperatives shall not make capital contributions with labor services, credit, names of natural persons, goodwill, franchise rights, or property with established guarantees.

Q:
What items are included in the business scope of market entities?
A:
It shall include general business items and licensed business items.

Q:
What is the licensed business items?
A:
The business items that market entities must be approved in accordance with the law before registration are licensed business items.

Q:
What documents should be submitted for the registration of market entities?
A:
1. Application form;
2. Qualification documents of applicant, identity certificate of natural person;
3. Documents related to domicile or main business premises;
4. The articles of association or partnership agreement of the partnership of the company, non-corporate enterprise legal persons, Specialized farmers’ cooperatives;
5. Other documents submitted by laws, administrative regulations and the Administration for Market Regulation of the State Council.

Q:
Can I appoint someone else to do the Registration of Market Entities?
A:
Yes, you can appoint other natural persons or agents to handle the Registration of Market Entities.

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