-If an enterprises does not accept the annual inspection as required, the enterprise registration authorities will
    order the enterprise to accept the annual inspection within a specified time limit, and to pay a penalty between
    10,000 Yuan and 100,000 Yuan if the enterprise is a company (limited /joint-stock/listed company), or a penalty
    below 30,000 Yuan if the enterprise is a branch company, a non-company entity or branch thereof, an enterprise
    operating in China from a foreign country/region, or other business unit granted a business licence, or a penalty
    below 1,000 Yuan if the enterprise is a partnership or an individual proprietorship enterprise or branch thereof.
    -If the enterprise fails to accept the annual inspection within the specified time limit, the enterprise registration
    authorities will make an announcement. The enterprise’s business licence will be revoked if the enterprise
    still fails to accept the annual inspection within 60 days from the announcement.
    -Every year, Chinese authorities on enterprise administration conduct annual inspection of enterprises. It is a
    routine formality, but still a bit complicated. Trust it with us, and you will save a lot of time and energy to engage
    in your business.