The business license of the consignment bank covers the consignment and purchasing business of brand-name jewelry, watches, purses, high-grade handicrafts, second-hand luxury goods, paintings and calligraphy. Consignment bank means that the consignor entrusts the consignment bank to sell the goods on his behalf, and both parties sign relevant service agreements. According to the agreement, the consignment bank has no ownership of the goods, only the management right of the goods during the consignment period, that is, the ownership of the goods has not been transferred. The consignment bank only charges a certain service fee after the goods are sold. No buyouts, no on-site loans.
Company Law of the People's Republic of China
Article 7
Business license A company established according to law shall be issued with 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.