23 March 2018
One-Window Registration and Administration Launched for Overseas-Invested Businesses
The record-filing and business registration procedures relating to foreign-invested enterprises (FIEs) are to be streamlined as of 30 June this year, with all the statutory requirements processible via one window and one application form. In order to facilitate this, moves will be made to boost data sharing between the relevant government departments, while both costs and processing time will be reduced.
The change was jointly announced by the General Office of the Ministry of Commerce (MOFCOM) and the General Office of the State Administration for Industry and Commerce (SAIC) and is in line with the State Council’s commitment to integrating business certification and licensing procedures as part of its overall reform of the sector.
For further details (in Chinese), please visit the following link:
Comments (0)