Business License is a business entity’s certificateof identity issued by local AIC (Administration of Industrial and Commerce) ,just like certificate of incorporation in some jurisdiction.  Business License provide basic information of  an entity，which are:  

Name—perhaps the company has an Englishname on it’s website, but it’s official name is Chinese;

Address—if the company move to a differentplace, it is supposed to update it’s address;

name of the legal representative--theindividual who operate business on behalf of the entity; so if someone tell youthat he is the boss, it’s easy to check it out;

registered capital—the amount of fund theshareholders planned to contribute;

type of the entity—if this entity islimited liability, or Wholly foreign owned entity or Joint venture;

 business scope—according to the law, theentity is only allowed to do business stated in business scopte;

date of incorporation and operate term ofthe entity.

One issue with business license is it’sonly in Chinese, so it’s important to have your Chinese friend to check it orhave a local lawyer to check is there anything goes wrong.

Pic of a business license

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