Validity period of business license of private non-profit schools

The business license of private non-profit schools is valid for 5 years.

The sponsor shall not obtain the income from running a school, and the balance of running a school shall be used for running a school. The charging method shall be stipulated by the provincial government. Non-profit doesn't mean no fees, nor does it mean low fees. The key to distinguish for-profit private schools from non-profit private schools lies in whether the operators participate in dividends.

1. From the appellation of non-profit private schools, it is easy to have a misunderstanding that non-profit private schools cannot make profits. In fact, the difference between for-profit private schools and non-profit private schools mainly lies in whether to distribute school income, not whether to engage in for-profit activities.

2. Non-profit private schools do not mean that the organizers give up school management rights. Organizers can completely realize their willingness to participate in school management through the establishment of articles of association and the arrangement of roles in the board of directors.

3. The distinction between profit-making and non-profit-making of private schools is based on whether they have obtained school income or not, and it is not necessarily related to the level of tuition fees.