Does the business license require annual review?

Now there is no such thing as annual inspection of business license, it is collectively referred to as online annual report. Enterprises need to submit and publish the annual report for the previous year through the enterprise credit information disclosure system from January 1 to June 30 of each year.

In accordance with the provisions of the "Reform Plan for the Registered Capital Registration System", the annual inspection and licensing system will be reformed. Change the enterprise annual inspection system to the enterprise annual report disclosure system. Enterprises shall submit annual reports to the industrial and commercial administration authorities through the market entity credit information disclosure system within the prescribed time limit on an annual basis, and make them public to the public. Any unit or individual may inquire. A business license is a certificate of legal operating rights of an enterprise or organization. It is divided into an original and a duplicate, both of which have the same legal effect. However, 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; the copy is generally used for business outings. Note that business licenses may not be forged, altered, rented, loaned, or transferred.

"Reform Plan for the Registered Capital Registration System"

2. Relax the access control of market entities and effectively optimize the business environment

(2) Annual inspection of the reform According to the system. Change the enterprise annual inspection system to the enterprise annual report disclosure system. Enterprises shall submit annual reports to the industrial and commercial administration authorities through the market entity credit information disclosure system within the prescribed time limit on an annual basis, and make them public to the public. Any unit or individual may inquire. The main content of an enterprise's annual report should include the capital contributions paid by the company's shareholders (sponsors), asset status, etc. The enterprise is responsible for the authenticity and legality of the annual report. The industrial and commercial administrative authorities may conduct spot checks on the disclosure content of the enterprise's annual report.

Warm reminder

The above answers are only based on the current information and my understanding of the law. Please refer to it with caution!

If you still have questions about this issue, it is recommended that you sort out the relevant information and communicate with professionals in detail.