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China to Simplify Business Registration for Foreign Investors

China to Simplify Business Registration for Foreign Investors

China will simplify business registration procedures for foreign-invested enterprises in a bid to spur foreign investment, Premier Li Keqiang announced following a State Council meeting on May 16. The measures, which will go into effect on June 30, 2018, include the “One Window, One Form” policy that is poised to streamline business filing and registration and cut bureaucratic red tape. Under the policy, filing with the Ministry of Commerce (MOFCOM) and registration with the Administration for Industry and Commerce (AIC) will be unified into one step. With the change, foreign investors will have a centralized point to liaise with the government for business registration instead of having to deal with multiple...

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China to Simplify Business Registration for Foreign Investors

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