The registration process at the Qianhai Electronic One-stop Service Center has been streamlined with effect from April 21. Applicants no longer need to make an appointment before their arrival.
Investors who set up new businesses can now apply online for pre-approval of the company name and then apply online for the use of Qianhai as the company’s registered address via the online platform of Qianhai eServiceone Counter. The applications will be verified within two to three working days. Upon verification, the applicant will receive an SMS message notifying him that he can now submit an application for the setting up of an industrial or commercial entity via the website of Market and Quality Supervision Commission of Shenzhen Municipality. If the applicant wishes to obtain a printed version of the address custodial agreement, the applicant can do so by submitting in person the necessary documents at Counter 24 of the Qianhai eServiceone Counter.
In addition, the Qianhai service hotline, set up on August 1, will aid in providing better service to enterprises. Managed by the Shenzhen Qianhai United Development Holding Company Ltd, the hotline has presently eight operators, receiving 300 calls daily on average. The provision of such a service has greatly improved business sentiment in Qianhai. The hotline aims to have a foreign language operator in the near future, thus providing foreign investors a more streamlined consultative service.
In May 8 this year, the “negative list” (a list specifying special treatments in certain industries for foreign investors) was officially carried out into practice in the Qianhai & Shekou area, located in the Guangdong Pilot Free Trade Zone. Foreign enterprises not on this list looking to register in Qianhai no longer need to go through the examining and approval process but instead only to file their new set ups on the record.
In addition, the “One-Stop Registration Platform” is now online, aiming at serving foreign investors who look to register in the free-trade zone. Foreign investors now need to submit only one set of supporting documents at a one-stop registration counter to obtain all the issued certificates. The entire registration procedure for foreign investors is now much simpler.
Since June, Shenzhen has combined social insurance registration into the business registration process, Qianhai has improved upon the workflow by combining the applications for 6 certificates into one: the Proof of Registration of WFOE, the Business Registration License, the Organization Code Certificate, the Tax Registration Certificate, the Seal Permit and the Social Insurance Registration Certificate.
Streamlining of administrative approvals is but one of the several ways in which Qianhai is breaking new grounds. The “Internet +”, a new model of providing administrative services, is another possible plan currently being studied. “Internet +”, an electronic tax system, aims to provide a suite of services that includes computerized matching services and the full handling of required services for certain segments of business activities, so as to provide convenient taxpaying services to enterprises.
At the same time, in its drive to facilitate online applications for administrative approvals, Qianhai will be launching a mobile application for the Qianhai eServiceone Counter to further its footsteps into the mobile administration service.
Qianhai will also be refining its method of managing foreign investments. Not only will it be simplifying declaration procedures for businesses from Hong Kong and Macau, it will also implement a registered capital declaration system, and change the system of joint annual inspection to one that works on the basis of declaration from businesses.
Moreover, Qianhai will be creating a government credit information sharing platform that helps enterprises, individuals and social credit agencies to find relevant information. This will serve as a key node in Qianhai’s aim to create a functioning social credit system.
To establish a high-standard management in line with international trade and investment rules, Qianhai will focus on innovations and simplification in administration services and registration process, and will seek breakthroughs in promoting harmonious interaction among the government, the economy and the community, in the higher goals towards investment liberalization, trade facilitations, legalized supervision and market internationalization.
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