What kind of seals a China company must have?

Answer: Normally, a China company shall make one official seal, one seal for financial use only, and one legal representative seal.

Can a China company apply for and make multiple official seals?

Answer: It is not allowed. A China company is only allowed to make one official seal which shall be registered with the Public Security Bureau.

Is the contract bearing the official seal only without the legal representative’s signature valid?

Answer: Unless the contract explicitly stipulates that the contract only comes into effect after being signed by the legal representative and stamped with official seal of both parties, a contract stamped with official seals are usually valid even without the signature of the legal representative.

Can a China company apply for and make a seal for contract use only?

Answer:  Yes, a company can apply to the Public Security Bureau to make a seal for contract use only according to its own business needs.

Is the contract bearing the seal for contract use only valid?

Answer: Unless otherwise agreed, the contract stamped with the seal for contract use only is legally binding as well.

The seal for financial use only can be used in what circumstances?

Answer: Normally, a seal for financial use only can be used under the following circumstances:

(1) Issuing checks and other notes;

(2) Applying for opening and closing bank accounts;

(3) Financial statements and tax filing forms etc.