Integrated License Reform Launched in Pudong China
On 14 November 2020, the State Council of the PRC released an approval on the pilot reform of one integrated license in the Pudong New Area of Shanghai. The pilot reform will be carried out from the date of approval until the end of 2022.
According the pilot program, Pudong New Area of Shanghai will establish systems for sector-specific integrated license, which will merge multiple licenses into one for market access to specific sectors. The processing time limit of integrated license shall be determined in accordance with the shortest time limit of each separate license before the reform, which will greatly shorten the approving time limit and reduce the market access cost of market entities.
A total of 31 sectors are covered in the first batch of one integrated license pilot reform, which include:
- E-commerce
- Internet hospitals
- Accounting firms
- Data centre/ cloud computing
- Construction of engineering projects
- Survey and design of engineering projects
- Supervision of engineering projects
- Manufacturing of cosmetics
- Grade I and grade II pathogenic microorganism laboratories
- Convenience stores
- Supermarkets
- Restaurants
- Small catering business
- On-site production and sales of foods
- Bakery
- Caf? teahouses
- Bars
- Baths
- Gyms
- Beauty salon
- Hotels
- Pharmacy
- Maternal and child stores
- Bookstores
- Manufacturing of disinfection products
- Gallery/art gallery
- Cinemas
- Playground
- Public entertainment places
- Internet access service business
- Recreation and entertainment places
KAIZEN Group is equipped with experienced and highly qualified professional consultants and is therefore well positioned to provide professional advices and services in respect of the formation and registration of company, application for various business licences and permits, company compliance, tax planning, audit and accounting in China. Please call and talk to our professional consultants for details.
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