What does the annual report mean?

Enterprise annual report is a system for operating enterprises. The newly released "registered capital registration system reform plan" proposes to change the annual inspection system of enterprises into the publicity system of annual reports of enterprises. An enterprise shall submit an annual report to the industrial and commercial authorities through the market subject credit information publicity system within the prescribed time limit, and publicize it to the public, which can be inquired by any unit or individual.

From March 20 14 1 day, the annual inspection of state enterprises was officially cancelled. At that time, the annual inspection of limited liability companies, joint stock companies, unincorporated enterprises as legal persons, partnerships, sole proprietorship enterprises and their branches, foreign (regional) enterprises engaged in business activities in China and other business units will be stopped.

The main contents of the "annual report" of an enterprise include the capital contribution and assets of the company's shareholders (promoters). Enterprises are responsible for the authenticity and legality of the annual report, and the industrial and commercial authorities may conduct spot checks on the publicity contents of the annual report of enterprises. Upon inspection, if it is found that the annual report of an enterprise conceals the real situation and practices fraud, the industrial and commercial authorities will punish it according to law, and inform the public security, finance, customs, taxation and other relevant departments of the information such as the legal representative and responsible person of the enterprise, thus forming "one place is illegal and everywhere is restricted".

Enterprises that fail to publish their annual reports within the prescribed time limit will be listed in the list of business anomalies by the industrial and commercial authorities. If an enterprise fulfills its obligation to publicize the annual report within 3 years, it may apply for restoring the normal filing status; If it has not been fulfilled for more than 3 years, the industrial and commercial authorities will permanently list it in the "blacklist" of serious illegal enterprises.

Legal basis:

Provisional Regulations on enterprise information publicity

Article 8 An enterprise shall submit the annual report of the previous year to the administrative department for industry and commerce through the enterprise credit information publicity system from June/KLOC-0 to June 30 every year, and publicize it to the public. Enterprises registered in that year shall submit and publicize their annual reports from the following year.

Eleventh government departments and enterprises are responsible for the authenticity and timeliness of their public information.