Enterprise Annual Report of 2014 met the deadline last night, all the Annual Report Upload System have been shut down now. As a result, the enterprise, the self-employed and the operator who did not submit the annual report will be kept bad credit record forever!
Abnormal Record History will be kept forever
The enterprise and the self-employed, who did not display the annual report online ,will be removed from the Commercial Registration Book and be recorded in the abnormal operation list which is shown to the public.
Some operator think the procedure of commercial registration recovery is very simple,even though they didn`t make the annual report on time,they could handle the problem once they submit the application. But we should realize that, once been recorded in the abnormal operation list, the enterprise/self-employed will be supervised by the society,though they recover the Commercial Registration Book later, the history of being recorded in blacklist will be kept stay forever.
Joint Punishment by Government departments
The enterprise or the self-employed, who is in the abnormal operation list, will face the cautious inspection of the administration department when they apply for some relevant matters.
At the same time, according to related regulation, blacklisted enterprise would be legally restricted or forbidden by the government in some government affairs, including the government purchase,the project bidding,state-owned land transfer, the honorary title awarding.
Last year, some enterpise did not make the annual report because of negligence,and they didn`t notice their credit situation too. Finally, they are too late to regret when they are restricted to deal with matters in relevant departments.
Daily Operation Be Restricted
Now, the Abnormal Operation List has become the reference of the bank, the blacklisted enterprise, self-employed and commercial organization will be refused to open an account or to borrow a loan.
Doubtful Credit May Causes Business Failure
For example, Company A paid no attention to the annual report. What`s worse, Company B , who was going to make business with it , found company A was recorded in the abnormal operation list through the Credit Publicity Platform.
So Company B doubted the credit situation of Company A and canceled the million-worthy cooperation at last.
Being blacklisted for 3 years causes worse situation
The enterprises, who has been blacklisted for 3 years for not fulfiling the publicity obligation, will be recorded in the Serious Illegal Enterprises List. Being recorded in that list is a far more serious matter.
Responsible persons will be restriced to work
The enterprise or the self-employed, which is recorded in the Serious Illegal Enterprises List, the information of its legal person,director, supervisor and senior executive will be taken into the Credit Supervison System. Their qualifications will be restricted, they could not hold the post of senior executive of the other commercial subjects for 3 years.
Above all, to make annual report is very important, enterprises who missed it should make the annual report as soon as possible . At the same time, to appoint a professional agency can effectively get rid of the risk and maintatin enterprise`s credit, and you will never forget to make the annual report any more.
If you have any questions, please don`t hesitate to contact HACOS.
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