What will happen if you don't fill in the annual business report?

The impact of not reporting the annual business report is as follows:

1, which will be punished by the administrative department for industry and commerce;

2. Will be included in the list of business anomalies;

3. If an enterprise fails to fulfill its obligation to participate in the annual report of the enterprise for three consecutive years, it will be included in the blacklist of enterprises, which will affect the personal credit reporting project of the enterprise as a legal person;

4. The legal representative and person-in-charge of an enterprise listed in the list of serious illegal enterprises shall not serve as the legal representative and person-in-charge of other enterprises within 3 years.

The role of the annual business report:

1, information publicity: the annual business report shows the basic situation and financial status of the enterprise to the public;

2. Market supervision: it helps government departments to supervise enterprises and ensure the order of market economy;

3. Credit evaluation: Annual report information is one of the important bases for evaluating enterprise credit;

4. Legal basis: the annual report data can be used as reference materials for handling commercial disputes;

5. Investment reference: provide potential investors with a channel to understand the business conditions of the enterprise;

6. Business decision-making: Enterprises can analyze their own and competitors' business conditions by comparing the annual report data.

To sum up, failure to declare the annual report for industry and commerce will result in being punished by the administrative department for industry and commerce, being listed in the list of business anomalies, affecting the personal credit reporting project of the enterprise as a legal person, and restricting the legal representative and responsible person from serving in other enterprises for three years.

Legal basis:

Company Law of the People's Republic of China

Article 58

The company shall submit the annual report of the previous year to the company registration authority through the enterprise credit information publicity system from June 30th to/kloc-0 every year, and publicize it to the public. The contents of the publicity of the annual report and the measures for supervision and inspection shall be formulated by the State Council.

Provisional Regulations on enterprise information publicity

Article 17

In any of the following circumstances, the administrative department for industry and commerce at or above the county level shall include it in the business exception list and publicize it to the public through the enterprise credit information publicity system to remind it to fulfill its publicity obligations; If the circumstances are serious, the relevant competent department shall give administrative punishment in accordance with the provisions of relevant laws and administrative regulations; If losses are caused to others, they shall be liable for compensation according to law; If the case constitutes a crime, criminal responsibility shall be investigated according to law:

(a) the enterprise fails to publicize the annual report within the time limit stipulated in these Regulations or fails to publicize the relevant enterprise information within the time limit ordered by the administrative department for industry and commerce;

(two) the information disclosed by the enterprise conceals the real situation and practices fraud.