Can the coal business license be transferred with the business license?

The coal business license is pre-installed. As long as it changes, the business license will change. However, according to the law, the license cannot be transferred, and it can actually be realized through the change of equity. However, in some places, there are many restrictions to prevent the sale and transfer of licenses. For example, newly established coal enterprises may not change their shareholders within three years. It depends on the company and local conditions.