{"id":2044,"date":"2020-12-22T18:42:08","date_gmt":"2020-12-22T18:42:08","guid":{"rendered":"https:\/\/finden.jaysoft.asia\/?p=2044"},"modified":"2020-12-22T18:57:02","modified_gmt":"2020-12-22T18:57:02","slug":"what-is-a-china-company-operating-period","status":"publish","type":"post","link":"https:\/\/findenchina.com\/fr\/what-is-a-china-company-operating-period\/","title":{"rendered":"What is a China Company Operating Period?"},"content":{"rendered":"

The\u00a0China company operating period is\u00a0usually represented by two dates, which are specified on a\u00a0Chinese business license.<\/p>\n

It is the\u00a0span between the date of incorporation – the first of these dates – and the expiry date of the company’s registration – the second.<\/p>\n

In some cases, a China company operating period\u00a0may be open-ended, meaning no specific expiry date is specified.<\/p>\n

What is a China Company Operating Period?<\/h2>\n

When companies are registered in China, they are usually registered for a defined period, which is displayed on their\u00a0business license\u00a0and company registration file.<\/p>\n

In theory, this means that the company\u00a0could\u00a0be dissolved at the end of their operating period, but in practice\u00a0a business license\u00a0will be renewed with the local authorities without too much difficulty.<\/p>\n

If you view a Chinese company’s business license, their operating period “\u8425\u4e1a\u671f\u9650” (y\u00edngy\u00e8 q\u00edxi\u00e0n) is usually clearly displayed.<\/p>\n

Sometime only the date of incorporation is specified because the operating period is open-ended. More on that later.<\/p>\n

In most cases though, this includes two dates (date of incorporation and expiry date) separated by the character “\u81f3”:<\/p>\n

\"Operating
Operating Period specified on a China Business License<\/figcaption><\/figure>\n

As you\u00a0can see, the China company operating period is specified using the Chinese language, so\u00a0to make sense of the data you’ll first need to learn how dates are written in Chinese.<\/p>\n

How are Dates Written in Chinese?<\/h2>\n

Modern-day China\u00a0has aligned with\u00a0most of the world and follows the\u00a0Gregorian calendar. The traditional Chinese lunar calendar is almost never used for business purposes these days.<\/p>\n

In Chinese, dates are always written in the order “year, month, day” which are represented by the following characters:<\/p>\n

    \n
  • \u5e74 (ni\u00e1n) – meaning “year”<\/li>\n
  • \u6708 (yu\u00e8) – meaning “month”<\/li>\n
  • \u65e5 (r\u00ec) – meaning “day”<\/li>\n<\/ul>\n

    In most cases the numbers are written using Arabic numerals, but sometimes the Chinese characters for numbers are used instead.<\/p>\n

    Examples:<\/p>\n

      \n
    • 2020\u5e745\u670813\u65e5\u00a0means\u00a0“13 May 2020”<\/li>\n
    • 1999\u5e7412\u67088\u65e5\u00a0means “8 December 1999”<\/li>\n
    • 2012\u5e743\u670830\u65e5 means “30 March 2012”<\/li>\n
    • \u4e8c\u96f6\u4e00\u4e03\u5e74\u516d\u6708\u4e8c\u5341\u4e00\u65e5\u00a0means\u00a0“21 June 2017” (Chinese numbers in red)<\/li>\n<\/ul>\n

      Note: sometimes the character \u53f7 (h\u00e0o) –\u00a0which means “number” – is used instead of \u65e5 to represent the day:<\/p>\n

        \n
      • 2008\u5e748\u670815\u53f7 means “15 August 2008”<\/li>\n<\/ul>\n

        Operating Period for Foreign Invested Companies<\/h2>\n

        The operating period\u00a0of a Chinese company depends on the\u00a0type of company registration.<\/p>\n

        For foreign invested companies, an operating period of 20 years is typical,\u00a0and there is an upper limit of 30 years in place.<\/p>\n

        Open-Ended Operating Periods<\/h2>\n

        As mentioned earlier, some China company operating periods are open-ended, meaning that there is no registration expiry date specified.<\/p>\n

        This situation has become increasingly common in recent years and the various registration authorities have developed different ways to record this on both business licenses and\u00a0registration databases.<\/p>\n

        Here are some of the different ways the “expiry date” on\u00a0open-ended operating periods can be specified:<\/p>\n

        Expiry\u00a0Date Far In The Future<\/h3>\n

        Especially common on databases, the expiry date is set at a date unrealistically far into the future, meaning their registration is in effect open-ended. Examples of this include:<\/p>\n

          \n
        • 5000\u5e7401\u670801\u65e5<\/li>\n
        • 8888\u5e7408\u670808\u65e5<\/li>\n
        • 9999\u5e7409\u670809\u65e5<\/li>\n<\/ul>\n

          Expiry\u00a0Date Blank or No Value<\/h3>\n

          In recent years we have seen many\u00a0business licenses where no data for the expiry date is given. The relevant space is either crossed out or left blank, like this:<\/p>\n

            \n
          • *************<\/li>\n
          • XXXXXXXXX<\/li>\n
          • ___________<\/li>\n<\/ul>\n

            Understandably this can\u00a0cause some confusion, and\u00a0it was actually\u00a0an enquiry relating to this issue which gave us the inspiration to prepare this article.<\/p>\n

            Expiry Date Replaced With Text<\/h3>\n

            Another way to display an open-ended operating period, which is becoming increasingly common is to replace the expiry date with a Chinese word which indicates this. Here are some examples we have seen:<\/p>\n

              \n
            • \u6c38\u4e45 (y\u01d2ngji\u01d4) – meaning “permanent”<\/li>\n
            • \u957f\u671f (ch\u00e1ngq\u00ed) – meaning “long-term”<\/li>\n
            • \u6c38\u7eed\u7ecf\u8425 (y\u01d2ng x\u00f9 j\u012bngy\u00edng) – meaning “continuous operation”<\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"

              The\u00a0China company operating period is\u00a0usually represented by two dates, which are specified on a\u00a0Chinese business license. It is the\u00a0span between the date of incorporation – the first of these dates – and the expiry date of the company’s registration – the second. In some cases, a China company operating period\u00a0may be open-ended, meaning no specific […]<\/p>","protected":false},"author":1,"featured_media":2048,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yst_prominent_words":[],"class_list":["post-2044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/posts\/2044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/comments?post=2044"}],"version-history":[{"count":1,"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/posts\/2044\/revisions"}],"predecessor-version":[{"id":2049,"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/posts\/2044\/revisions\/2049"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/media\/2048"}],"wp:attachment":[{"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/media?parent=2044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/categories?post=2044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/tags?post=2044"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/findenchina.com\/fr\/wp-json\/wp\/v2\/yst_prominent_words?post=2044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}