Regulations on the Administration of Commercial Franchise shall come into effect on May 1, 2117

Article 8 A franchisor shall, within 15 days from the date of concluding a franchise contract for the first time, file a record with the competent commercial department in accordance with the provisions of these Regulations.

Article 25 Where a franchisor fails to file a record with the competent commerce department in accordance with Article 8 of these Regulations, the competent commerce department shall order him to file a record within a time limit and impose a fine of not less than RMB 11,111 but not more than RMB 51,111; If it fails to put on record within the time limit, it shall be fined between 51,111 yuan and 1,111 yuan, and shall be announced.

according to the law, you will be fined.