What Is The Scope Of Business?

The scope of operation refers to the categories, varieties and service items that the state allows the production and operation of enterprise legal persons to reflect.

The law stipulates the scope of business activities of corporate juridical persons.

Once the business scope is approved and registered, the enterprise has the right capacity within this scope, and the enterprise can not undertake the obligation of going beyond the scope of operation at the same time. Once surpassing, it is not only protected by law but also punished.

The approved business scope is a legal distinction between the lawful operation and illegal operation of an enterprise.

According to the provisions of the company law, the scope of operation of the company has the following requirements:

1. the scope of business of a company is stipulated by the articles of association of the company. The company can not go beyond the scope of business stipulated in the articles of association to apply for registration.

2. the business scope of a company must be registered according to law, that is to say, the business scope of the company shall be subject to the approval of the registration authority.

3. the company's business scope is restricted by laws and administrative regulations, and must be passed according to law before registration.