Legal analysis: A newly established company must handle a company account. Company account, also known as company bank settlement account, refers to the bank settlement account opened by depositors in the name of the company. Company settlement accounts and individual settlement accounts have their own purposes. Salary payment, earmarking, daily transfer settlement and cash receipt and payment are all carried out through various unit settlement accounts. However, it is more troublesome to deposit and withdraw money in the corporate settlement account. A cash payment slip must be filled in for deposits, and a cash check or a transfer check must be filled in for withdrawals, with a public/private seal that matches the seal kept by the bank.
Legal basis: A company established according to law in Article 7 of the Company Law of People's Republic of China (PRC) shall be issued a business license by the company registration authority. The date of issuance of the business license of the company is the date of establishment of the company. The company's business license shall specify the company's name, domicile, registered capital, business scope, name of legal representative and other matters. Where the matters recorded in the company's business license change, the company shall register the change according to law, and the company registration authority shall issue a new business license.