What is a Company Chop?
A company chop (also known as a company seal) is an official stamp that represents a company’s legal authority in China. It is used in place of a signature on official documents, contracts, and financial transactions. The chop holds legal power and is necessary for daily business operations.
Relevance in China
In China, company chops are legally recognized as binding signatures. Businesses must obtain and properly manage their chops to prevent misuse or fraud.
How to Obtain a Company Chop
- Register the company chop with the Public Security Bureau (PSB).
- Order the chop from an authorized chop-making company.
- Use it for all legal transactions, including contracts, bank operations, and tax filings.