Chengdu Introduces 60 Measures To Promote Industrial Recovery And Development

Chengdu industry and Commerce has issued 60 measures to promote the recovery and development of industries after the earthquake, which will be fully implemented on November 1. Relevant responsible persons yesterday explained in detail that equity, creditor's rights and even forest rights can be used as investment to set up enterprises; the names of individual industrial and commercial households can be transferred, and their business qualifications can also be inherited; small loan companies that can solve financing difficulties for small and medium-sized enterprises will also appear in Chengdu …… After more than two months of research, yesterday, Chengdu Municipal Bureau of industry and Commerce issued 60 measures to promote the recovery and development of industries after the earthquake, and put forward a series of policies with the most measures and the greatest strength in the history of enterprise registration and market regulation after the earthquake. The 60 measures have been announced to the whole society on the portal website of Chengdu Municipal Bureau of industry and commerce, and will be fully implemented on November 1. The new policy supports investors to invest in limited companies and joint-stock companies in ways that are not explicitly prohibited by laws and regulations, such as equity, creditor's rights due to currency loan, etc. At the same time, for the first time, forest property rights can be used as investment to establish enterprises, and collective economic organizations or other right holders are encouraged to invest in the establishment of enterprises with the use right of collective construction land and forest right (forest land use right, forest ownership and use right) which can be legally obtained and can handle the ownership transfer procedures. in terms of capital increase of the company, shareholders may use all non monetary assets permitted by laws, administrative regulations and relevant policies to increase the company's registered capital, which is not subject to the relevant provisions that the proportion of monetary contribution must be more than 30% of the registered capital. [interpretation] Sun YingYuan, deputy director of the Municipal Bureau of industry and commerce, said that earlier this year, Chengdu had already issued opinions on relaxing the mode of investment, allowing investors to invest in limited companies and joint-stock companies with equity and creditor's rights. This time, we further relaxed the method of creditor's rights to "as long as the creditor of the company enjoys the creditor's rights due to currency borrowing and lending" to the company, which can be used for capital contribution, but not limited to the company investors. in this opinion, for the first time, the legality of collective construction land use right and forest right investment or the qualification of participating in enterprise equity distribution are clarified. Rural collective economic organizations can establish farmers' professional cooperatives to exercise collective land ownership on behalf of farmers' collective in accordance with the provisions of "farmers' professional cooperatives", and its business scope can be registered as rural land consolidation and other businesses related to the exercise of land ownership. for the new policy of capital increase of the company, sun YingYuan said, "this article actually relieves shareholders of the obligation of monetary contribution in the registration of capital increase changes, which is conducive to the shareholders' use of non monetary property to contribute to the company according to their own situation, and thus promote the development of the enterprise." To increase the number of Listed Companies in our city, the new policy not only increases the guidance obligation of the industry and commerce to the listing of enterprises, but also clarifies that the limited liability company can be changed into a joint stock limited company. With the approval of the municipal financial office, the audited net assets can be converted into shares and registered as a joint stock limited company Registered capital. [interpretation] according to sun YingYuan, the State Administration for Industry and Commerce stipulates that net assets can only be valued in the form of evaluation, and then the registered capital can be verified by a capital verification agency. The State Securities Regulatory Commission stipulates that the net assets can be evaluated or appraised by auditing. "When evaluating the listing conditions of the enterprise, the operating performance of the enterprise which is priced by the evaluation method cannot be calculated continuously during the period of being a limited company, while the operating performance of the enterprise determined by audit can be calculated continuously, which has a great promoting effect on the enterprises in our city to strive for the listing qualification." The new policy stipulates that if the name of an individual business is transferred in whole or in part with the property, the transferee can directly use the name of the transferred trade name to register the establishment of the individual business. If a self-employed industrial and commercial household meeting the requirements for the establishment of an enterprise is registered as a sole proprietorship enterprise, it shall be handled in accordance with the change registration procedure. If an individual business operator of a self-employed industrial and commercial household dies due to a disaster, the operator is allowed to change his registration as the heir of the estate. General business operators are forbidden to change the law Sun YingYuan said that in real economic life, there are a large number of acts of transferring business shops, known as the "transfer" of individual industrial and commercial households. In the process of such transfer, it mainly involves the issue of whether the name of the brand can be inherited, and the new policy explicitly allows the transfer of such name. In addition, according to the Interim Regulations on the registration and administration of urban and rural individual businesses, individual businesses shall not change their business operators. "In view of the fact that there are such self-employed persons who died due to the disaster in our city, and their heirs need to continue to operate in the name of the self-employed and maintain their livelihood, it is allowed that the self-employed who died in the disaster can change their registered operators to their heirs." The "5.12" Wenchuan earthquake has a direct impact and serious impact on the development of real estate and tourism in our city, and the new policy gives them "special care". Where the real estate development company is not registered in the city, the real estate development company can not be registered in the city Registered branch. the new deal also simplified the registration procedures of travel agencies. In Chengdu, a branch of a travel agency, entrusted by a travel agency, can go directly to the industrial and commercial department to register its branch office. [interpretation] Sun YingYuan introduced that real estate enterprises under the new deal do not have to register separately in each real estate project, which reduces the operating costs of enterprises. The establishment of sales department entrusted by travel agency branches has been relaxed, allowing the name of the sales department to be preceded by the name of the branch, such as "caihongqiao Sales Department of Chengdu Branch of a certain travel agency", so as to facilitate the travel agency to better solicit business. It is usually regarded as having no branch. support small and medium-sized enterprises water test micro loan company [policy] the new policy stipulates that with the approval of the financial management department of Sichuan Provincial People's government or Chengdu Municipal People's government, investors can set up domestic limited liability companies or domestic funded joint stock companies that do not absorb public deposits but only operate small loan business. At the same time, we should encourage and guide the standardized development of guarantee companies. [interpretation] Sun YingYuan said that small loan companies will ease the problem of small and medium-sized enterprises' loan difficulties, and the development of small loan companies, village banks and guarantee companies can effectively alleviate the problem of financing and loans for small and medium-sized enterprises. At the same time, Chengdu will also try to allow foreign-invested enterprises to provide such services.