Legal basis: Article 35 of the Regulations of the People's Republic of China on the Administration of Company Registration alters, leases or transfers the business license, and shall be ordered to make corrections, confiscate the illegal income and impose a fine of less than 3,000 yuan; If the circumstances are serious, the business license shall be revoked. Whoever forges a business license shall be ordered to suspend business, confiscate his illegal income and impose a fine of not more than 5,000 yuan. If a crime is constituted, criminal responsibility shall be investigated according to law. Article 59 No unit or individual may forge, alter, lease, lend or transfer its business license. If the business license is lost or destroyed, it shall be declared invalid in the newspapers and periodicals designated by the company registration authority and applied for a replacement. The company registration authority shall make decisions on change of registration, cancellation of registration and cancellation of change of registration according to law. If the company refuses or cannot return the business license, the company registration authority shall declare the business license invalid.