What is the company registration certificate in China?
In China, a company registration certificate is known as business license(营业执照, Ying Ye Zhi Zhao) , which is a document proving the legal establishment of a Chinese company.
In China, a company registration certificate is known as business license(营业执照, Ying Ye Zhi Zhao) , which is a document proving the legal establishment of a Chinese company.
A business license(营业执照, Ying Ye Zhi Zhao) is a document proving the legal establishment of a Chinese company.
Different types of entities perform obligations in different ways.
You should find out in advance whether your business partners in China are involved in excessive litigation.
This is a red flag. It means that you should verify the Chinese enterprise before signing the contract.
If you only have the English name of a Chinese company, it is difficult for you to file a complaint or lawsuit against it. However, if this English name comes from the Chinese company’s bank account in China, it is OK.
If the company does not have the human resources to match the deal, you may be defrauded.
In practice, there are four common types of fake companies: non-existent companies, companies with abnormal business operations, companies with no previous business, and companies in no community.
A number of customers have been defrauded in the purchase of steel from China.
Shareholders who have actual control over the company should not be under the shield of the company’s limited liability.
Due to linguistic specificities of the Chinese language, different companies’ names in Chinese, according to their pronunciation, may be spelled exactly the same in English. It will be difficult for you to make a claim or collect a debt.
A Chinese company has only one legal Chinese name. But they also use an English name, determined by their own, in international trade.
This allows you to identify exactly which Chinese company you are dealing with.
Because it can help you accurately identify your debtor.
You can check or verify the basic information of Chinese companies on this official platform via the link (http://www.gsxt.gov.cn/index.html). The information here is the most authoritative and timely.
Is the Chinese company still in operation? Does it have any business in the last year? Does it have any regular income?
In China, the official company seal or stamp is a symbol of corporate power.
If you know a China company’s legal name in Chinese, you can initiate an action before a court or file a complaint against it. If not, you cannot do anything.
The English name recorded in MOFCOM’s system of “Record-filing and Registration of Foreign Trade Operator” is the most accurate. The English names record-filed with Chinese banks are also relatively accurate.
You may inquire about the business scope of Chinese companies registered with China’s company registration authority, and then assess whether the Chinese company transacts with you beyond its business scope.