Laws of the People's Republic of China

Circular of Registration Bureau of Foreign-invested Enterprise of State Administration for Industry and Commerce on Initiating the New Edition of Business License for Foreign-invested Enterprise

Gong Shang Wai Qi Zhu Han [2006] No. 28

Bureaus for Industry and Commerce in all provinces, autonomous regions, municipalities directly under the Central Government and cities specially designated in the State plan:

In accordance with the new Regulations on Administration of Registration of Companies, Registration Bureau of Foreign-invested Enterprise of State Administration for Industry and Commerce makes some adjustments on part of the items and patterns in the business license for foreign-invested enterprise. The new edition of Business License for Corporation changes "Operating Period" to "Business Period", and "Enterprise Type" to "Company Type", cancels the item of "Branches" and adds 2 items of "Paid-up Capital" and "Stockholder (Initiator)"; and the annual inspection time in the specification of the duplicate copy is changed to "March 1 to June 30"; and the pattern of the duplicate copy is changed to A4. The new edition of Business License changes "Operating Period" to "Business Period"; the annual inspection time in the specification of the duplicate copy is changed to "March 1 to June 30"; and the pattern of the duplicate copy is changed to A4.

All authorized bureaus shall, after the exhaustion of the old edition of licenses, draw and initiate the new edition of Business License for Foreign-invested Enterprise, and do well the linkage work between the old and new editions of Business Licenses. And the old edition of licenses shall fall into disuse before March 1, 2007.

During the re-issuance of licenses, all authorized bureaus shall, in accordance with the provisions in the Implementation Opinions on Relevant Issues concerning the Examination and Approval, Registration and Administration of Foreign-invested Companies (Gong Shang Wai Qi Zi [2006] No. 81), adjust the company types of the existing foreign-invested companies and shall finish the aforesaid adjustment before the end of the annual inspection on June 30, 2007.

Registration Bureau of Foreign-invested Enterprise of State Administration for Industry and Commerce

August 30, 2006