Does the intermediary need a business license?

Does the intermediary need a business license?

Yes, the intermediary needs a business license.

First, the nature of intermediary industry

Intermediary industry belongs to service industry, which mainly provides information consultation, agency, brokerage and other services for customers. In the course of operation, intermediary companies need to sign contracts with multiple customers, which involves issues such as capital flow and information confidentiality. Therefore, intermediary companies must have legal business qualifications in order to protect the rights and interests of customers.

Second, the role of the business license

The business license is the proof of the legal operation of the enterprise and the qualification of the enterprise as a legal person. According to the Company Law of People's Republic of China (PRC) and the Regulations of the People's Republic of China on the Administration of Company Registration, an enterprise must register with the administrative department for industry and commerce and obtain a business license before it can operate legally. The business license contains the name, domicile, registered capital, business scope, legal representative and other information of the enterprise, which is an important basis for the legal operation of the enterprise.

Third, the legal responsibility of intermediary companies.

When providing services to customers, intermediary companies must abide by relevant laws, regulations and rules to protect the legitimate rights and interests of customers. If the intermediary company fails to obtain legal business qualification, or engages in illegal activities beyond its business scope, it will face legal responsibility. For example, it may be fined by the administrative department for industry and commerce and its business license revoked.

Four, how to apply for a business license

Intermediary companies can apply for business licenses through the following steps:

Prepare relevant materials: including articles of association, resolutions of shareholders' meeting, identity certificate of investors, business place certificate, etc.

The name on the website of the administrative department for industry and commerce is pre-approved.

Submit the application materials for review. After examination and approval, obtain a business license.

To sum up:

Intermediary companies need to obtain a business license to operate legally. The business license is the proof of the legal operation of the enterprise and the qualification of the enterprise as a legal person. When providing services to customers, intermediary companies must abide by relevant laws, regulations and rules to protect the legitimate rights and interests of customers. Intermediary companies that fail to obtain legal business qualifications or engage in illegal activities beyond their business scope will face legal responsibilities. Therefore, intermediary companies should apply for business licenses in time to ensure legal operation.

Legal basis:

Article 7 of the Company Law of People's Republic of China (PRC): A company established according to law 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.