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ARTICLE · 20 OCTOBER 2015

China Simplifies Business Registration Procedures

De Brauw Blackstone Westbroek
De Brauw Blackstone Westbroek
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De Brauw Blackstone Westbroek

De Brauw Blackstone Westbroek

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As of 1 October 2015, new enterprises as well as enterprises changing their registration details in China no longer need to obtain a separate business licence, organisation code certificate and tax registration certificate.

ChinaCorporate/Commercial Law
Gaby Smeenk
Gaby Smeenk
Yi Duan
Yi Duan
Amanda Guo
Amanda Guo
Carel Van Swaay
Carel Van Swaay
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As of 1 October 2015, new enterprises as well as enterprises changing their registration details in China no longer need to obtain a separate business licence, organisation code certificate and tax registration certificate. Instead, enterprises can apply for a new "three-in-one licence" by completing one application form, and they can submit one set of documents to a single registration authority. This reform is expected to be fully adopted nationwide by the end of 2015.

The aim is to offer greater convenience to applicants by simplifying procedures and shortening the application time. We expect the new registration procedure to benefit both small entrepreneurs and corporations, and encourage investment and commercial enterprise in China.

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