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Q&A Regarding Sole Proprietorship Enterprise (2)

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Q: How to determine the establishment date of the sole proprietorship enterprise?
A: The date when the business license of the sole proprietorship enterprise is issued shall be the date when the sole proprietorship enterprise is established.

Q: When can a sole proprietorship enterprise open for business?
A: Before obtaining the business license of a sole proprietorship enterprise, the investor shall not engage in business activities in the name of a sole proprietorship enterprise.

Q: How to establish a branch of a sole proprietorship enterprise?
A: When a sole proprietorship enterprise establishes a branch, the investor or their authorized agent shall apply for registration with the registration authority in the location of the branch and obtain a business license.

Q: Does a sole proprietorship enterprise need to go through the change registration after its registered items are changed?
A: Where the registered items are changed during the term of existence of a sole proprietorship enterprise, the sole proprietorship enterprise shall apply to the registration authority for change registration within 15 days from the date of making the decision on the change.

Q: Who cannot establish a sole proprietorship enterprise?
A: People who are prohibited by laws and administrative regulations from engaging in profit-making activities are not allowed to apply for the establishment of a sole proprietorship as investors.

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