When you’re considering doing business with a Chinese company, it’s important to check when their business license expires. This is stated on the business license as the ‘period of operation’ with a start and end date.
One of the basic checks you may make about a Chinese company is to look up how much capital it was registered with. Proving a substantial amount of allocated capital is a requirement for registering a business in China, with the aim of ensuring that the company will be adequately funded and able to operate as described.
The business scope of a Chinese company lists the services that it is legally permitted to provide according to its business registration.
Inversely, a company is specifically prohibited from producing anything or offering any services not specifically described in its business scope.