Front-loaded time costs in business operations

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If you want to build a business on WeChat Video Account, it is recommended to first understand the corresponding licenses and qualification requirements. If the prerequisites are not handled properly, you will face constant modifications and adjustments later on, which wastes a lot of time.

Video Account Qualification Reference

For mini-program content communities and matchmaking/marriage introduction businesses within the WeChat ecosystem (specifically Video Account), the prerequisite requirements include a registered capital of 1 million RMB, with at least 500,000 RMB paid in, as well as an ICP license and a Value-Added Telecommunications Business License.

The only good news: First apply for an enterprise-verified Official Account. Reusing the Official Account's qualifications to apply for n mini-programs + 1 Video Account is free. It is recommended to apply for as many as possible right from the start. Use any spare time to file records for future business directions, because this process consumes a lot of time. Do it whenever you have a moment!!!!

Here is a simple summary of the time costs involved (this only covers account registration time, not the time for various business configurations):

(All times below refer to working days, meaning holidays are not counted.)

Registering a business license: 2 days【Decide your business scope in advance. Check resources on Official Accounts and copy the business scope of target companies. Remove any business items that require pre-approval or post-approval licensing, as this can save time and especially reduce the chance of your filing being rejected during subsequent reviews. This is very important. Try to avoid having to modify your business scope due to rejections—if you end up doing that, congratulations, you’ve got a double time card

Obtaining the official company seal: 1 day【You can buy a printer, A4 paper, and scanning software. Try to avoid using electronic signatures. Whether the other party cooperates with electronic signing is one issue, and whether they recognize it is another. The most cost-effective approach is still traditional printing and scanning】

Opening a corporate bank account: 3 days【You can schedule an appointment for account opening and get the account information the next day to move forward with subsequent account registrations, saving some time. However, obtaining the U-Shield (USB token) takes longer, about 3 days】

Website filing: 3 days (service provider's preliminary review) + 20 days (MIIT Provincial Communication Administration review)【If your business scope involves licensed items, such as healthcare, your filing might be rejected after the 20-day review period. You would then need to revise your business scope and resubmit for review】

Mini-program filing: 3 days (service provider preliminary review) + 7 days (Provincial Communication Administration review)【Same situation as above. Moreover, these days, it is quite difficult for legitimate business applications to pass review. This has spawned a Taobao industry dedicated to helping applications pass review. If you really can't pass it yourself, just find someone on Taobao】

Note: If one item under the same entity is under filing review, no other items under the same entity can be submitted for review at the same time (they will be rejected). Therefore, filing reviews cannot be done in parallel across multiple products or projects; they must proceed sequentially in a single thread. If an application fails review, this timeline gets extended indefinitely.

Payment application:

WeChat's own ecosystem-related business payment merchant accounts (different WeChat ecosystem businesses require separate applications, and they are only needed when funds need to be withdrawn): 3–7 days

Merchant account applications for payments via WeChat Pay for self-developed or third-party SaaS services outside the WeChat ecosystem: 7 days

Notably, the external payment collection feature for Enterprise WeChat: 7 days

Overall, these processes are mostly single-threaded (though payment applications can be done in parallel).

What does it cost to maintain a single business license? How to register and maintain a company at low cost?

The time cost of business configuration is manageable for those with technical skills, who can continue building and configuring locally during the review period and go live once approved. For those without technical skills, however, configuration can only begin after approval, making the process much slower. Overall, simply registering and launching accounts takes about a month. If you plan to do anything substantial, create a checklist in advance and follow it step by step. Don't waste your time; time is expensive.

From this perspective, entering a third-party platform or using third-party services actually ends up being less time-consuming.

First apply for an enterprise-verified Official Account. Reusing the Official Account's qualifications to apply for n mini-programs + 1 Video Account is free. It is recommended to apply for as many as possible right from the start. Use any spare time to file records for future business directions, because this process consumes a lot of time. Do it whenever you have a moment!!!!

As for not having enough email addresses:

Use a corporate email service, such as QQ Corporate Mail. Choose an inexpensive domain name, and you can start using it immediately. It costs only about a dozen RMB per year. Then, member emails + alias emails + public/shared emails = more than enough business email addresses (configured and used directly within Enterprise WeChat).

One final point: Lawyers (legal counsel) are extremely, extremely important, and their importance will only grow even more in the future!!!! Prepare documentation and files in advance whenever possible!!!!

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