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Guangdong Implements Full-Coverage Pilot Reform of Separating Licences and Permits

As of 1 December 2019, reform on all enterprise-related business licensing in Guangdong will be implemented by one of four practices, namely cancellation of approval, replacement of approval with record-filing, compliance promise and optimisation of approval services. In the China (Guangdong) Pilot Free Trade Zone, the reform will cover 523 business operations items required by law, administrative regulations and State Council decisions (central government level), as well as five items required by local laws and provincial government regulations (local level).

Full details can be found in the Circular on the Implementation Plan for Launching the Full-Coverage Pilot Reform of “Separating Business Licences and Operation Permits” (Yue Fu Han No. 405 [2019]), issued recently by Guangdong province.

Source: Guangdong Provincial People’s Government

Content provided by Picture: HKTDC Research
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