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ARTICLE · 12 MARCH 2014

New PRC Policies On Annual Inspection

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The state-level General Administration for Industry and Commerce issued a notice to officially cancel the annual inspection for all types of enterprises.

ChinaGovernment, Public Sector
Xinlan Liu
Xinlan Liu
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On February 19, 2014 the state-level General Administration for Industry and Commerce (the "AIC") issued a notice to officially cancel the annual inspection for all types of enterprises including domestic entities, representative offices, branches and foreign invested entities since March 1st, 2014. Following this state-level AIC notice, many local AICs in Beijing, Shanghai, Guangdong, Hubei and Sichuan have also published their own respective notice of new rules and procedures governing their annual inspection this year.

In accordance with the state AIC's notice, all of the local AICs have changed from annual inspection approval registration to annual inspection filing. From this year forward, all types of enterprises only need to complete online annual inspection in the AIC system instead of the previous requirement to complete both online and onsite annual inspections with AIC. Additionally, the enterprises only need to print out online the AIC approval notice as

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