Legal basis: Regulations on the Administration of Registration of Enterprise Legal Persons
Article 25 The Business License of Enterprise as a Legal Person issued by the registration authority is a certificate of enterprise as a legal person, and no other unit or individual may confiscate, detain or destroy it, except that the registration authority may temporarily suspend or revoke it according to legal procedures. If an enterprise as a legal person loses its Business License for Enterprise as a Legal Person and its duplicate, it shall declare it invalid in the national enterprise credit information publicity system and apply for a replacement. The Business License of Enterprise as a Legal Person and its duplicate shall not be forged, altered, leased, lent, transferred or traded. The state promotes electronic business licenses. Electronic business license and paper business license have the same legal effect.