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If you've dealt with Chinese companies in recent years there is a good chance you will have come across the term "Unified Social Credit Code".
This unique 18-digit number is issued to all companies and organizations in Mainland China and serves a variety of purposes.
In this article we provide practical information about the Unified Social Credit Code and explain how you can find each Chinese company's number.
Viewing information declared on a Chinese annual return is a useful method to learn more about a company from China.
As in other countries, Chinese companies are required to make an annual return to the tax authorities to report their business performance and financials, alongside other key details.
In this article we look at what information from a Chinese annual return is made publicly available by the authorities.
China Abnormal Business Operations is a status given to Chinese companies by the Administration of Industry and Commerce.
As the name indicates it is issued when the company's operations are irregular and they are not meeting their reporting duties.
The presence of abnormal business operations status may indicate that a Chinese company is experiencing financial difficulties or is poorly managed.
Introduced in October 2015, the new 18-digit Chinese business registration number is being quickly adopted by companies across Mainland China.
Appearing on the Chinese business license, this new number is the most clear manifestation of the huge overhaul of the company registration system, carried out by authorities in their impressive modernization drive.