Legal basis: Regulations of the People's Republic of China on the Administration of Company Registration.
Article 59 The Business License of an Enterprise as a Legal Person and the Business License are divided into an original and a duplicate, both of which have the same legal effect. The state promotes electronic business licenses. Electronic business license and paper business license have the same legal effect. The original Business License of Enterprise as a Legal Person or the original business license shall be placed in a prominent position in the company's domicile or the business premises of the branch. A company may apply to the company registration authority for issuing multiple business licenses according to its business needs.
Article 73 If the business license is not placed in a prominent position in the domicile or business premises, the company registration authority shall order it to make corrections; Those who refuse to make corrections shall be fined 5000 yuan to 1000 yuan.