WHAT 营业执照 MEANS
What 营业执照 means
A company is issued a business licence after registration. The licence records key items such as name, domicile, registered capital, business scope and legal representative, and its issue date is the company’s establishment date.
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Why the role matters
It is a first-line due-diligence document, but it does not by itself prove licensing for every regulated activity. Sector permits, filings and current registry data may still need to be checked.
CONTEXT
Where you see the term
ContextWhat it means there
Counterparty onboardingUsed to verify the legal entity and registered particulars.
Banking / taxCommonly requested in KYC and account-opening packs.
ContractsDetails should match the contracting entity and chop.
TRANSLATION NOTE
文/A
Translation note
“Business licence” is standard. Avoid “business permit” unless referring to a separate sector-specific administrative licence.
AUTHORITY
Primary legal basis
ILLUSTRATIVE EXAMPLE
Example
A supplier sends a licence showing a company name that differs from the chop on the contract. The mismatch should be resolved before signature or payment.
SOURCES AND REVIEW
Primary authorities.
18 Sep 2026
OFFICIAL SOURCESUPPORTSCHECKED
PRC Company Law (2023 revision)
A legally established company receives a business licence containing core registration information.
MAINTAINED BYChina Legal Portal Editorial
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