Address for business license application in Taicang City

A business license must be obtained from the Industrial and Commercial Bureau of the place of business.

Extended information:

A business license is a certificate issued by the industrial and commercial administration to industrial and commercial enterprises and self-employed individuals allowing them to engage in certain production and business activities. Its format is uniformly stipulated by the State Administration for Industry and Commerce.

The registration information includes name, address, person in charge, amount of funds, etc., and shall not be forged, altered, rented, lent or transferred. The business license is divided into original and duplicate, both of which have the same legal effect.

1 The original and the copy

The difference between the original and the copy

The original and copy of the business license have the same legal effect and there is no difference in substance. If we talk about the difference, it is just the appearance. In terms of use, the original "must be hung" in a conspicuous place in the business premises, otherwise you may be punished for not hanging the license; copies are generally used for business transactions when going out, such as: applying for bank account opening licenses, corporate organization codes certificate, tax registration certificate, signed contract, etc.

2 Legal provisions

On December 28, 2013, the sixth meeting of the Standing Committee of the Twelfth National People's Congress decided to amend the "Company Law" and it will be implemented from March 2014. It will come into effect on January 1st.

Instructions for registering a company: The paid-up system has been changed to a subscription system

The most prominent feature of the newly revised Company Law is the change from a paid-up system for a company’s registered capital to a subscription-based registered capital system. Highlights. According to the provisions of the newly revised Company Law, unless laws, administrative regulations and decisions of the State Council otherwise stipulate the actual payment of a company's registered capital, the requirement that the company's shareholders (initiators) must pay in full within two years from the date of the company's establishment is cancelled. The stipulation that investment companies can pay in full their capital contribution within 5 years; the requirement that shareholders of a one-person limited liability company must pay their capital contribution in full at once has been eliminated. The shareholders (promoters) of the company independently agree on the amount of capital contribution, method of capital contribution, period of capital contribution, etc., and these are recorded in the company's articles of association. This reform is conducive to individual entrepreneurship, can promote the establishment of a credit system in China, and is conducive to promoting the transformation of resource allocation methods.

3 New version of license

Starting from March 1, 2019, the new version of business license will be launched nationwide. Various market entities that have been approved by the registration authority to establish, change registration, and reissue business licenses will be issued a new version of the business license. Various market entities that previously existed can continue to use the original business license or apply for a new version of the business license.

The new version of the business license will be printed with the national emblem, border, title (business license), the website of the National Enterprise Credit Information Disclosure System, the official seal of the registration authority, the year, month and day, supervision by the State Administration for Market Regulation, etc., and the printing will be unified Social credit codes and numbers, names and contents of recorded matters, QR codes, etc., with copies printed face-to-face with annual report reminders.