Influence of administrative punishment and revocation of business license on legal person

Legal analysis: The impact of revocation of business license on legal person is as follows:

1. The legal representative can't set up a new company within three years, and can't be the legal representative or person in charge of other enterprises.

2. Other companies under its name cannot file tax returns normally and cannot participate in the bidding of state-owned enterprises.

3. An enterprise as a legal person cannot handle social security, loans and immigration.

The bank's personal bad credit record will be kept for seven years, and it will be fined. Personal bad credit records will enter the credit information system.

Legal basis: A company established according to law in Article 7 of the Company Law of People's Republic of China (PRC) shall be issued a business license by the company registration authority. The date of issuance of the business license of the company is the date of establishment of the company. The company's business license shall specify the company's name, domicile, registered capital, business scope, name of legal representative and other matters. Where the matters recorded in the company's business license change, the company shall register the change according to law, and the company registration authority shall issue a new business license.