{"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\/ja\/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 expiry date is specified. What is a China Company Operating Period? 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. 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 […]<\/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\/ja\/wp-json\/wp\/v2\/posts\/2044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/findenchina.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/findenchina.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/findenchina.com\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/findenchina.com\/ja\/wp-json\/wp\/v2\/comments?post=2044"}],"version-history":[{"count":1,"href":"https:\/\/findenchina.com\/ja\/wp-json\/wp\/v2\/posts\/2044\/revisions"}],"predecessor-version":[{"id":2049,"href":"https:\/\/findenchina.com\/ja\/wp-json\/wp\/v2\/posts\/2044\/revisions\/2049"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/findenchina.com\/ja\/wp-json\/wp\/v2\/media\/2048"}],"wp:attachment":[{"href":"https:\/\/findenchina.com\/ja\/wp-json\/wp\/v2\/media?parent=2044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/findenchina.com\/ja\/wp-json\/wp\/v2\/categories?post=2044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/findenchina.com\/ja\/wp-json\/wp\/v2\/tags?post=2044"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/findenchina.com\/ja\/wp-json\/wp\/v2\/yst_prominent_words?post=2044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}