Reform Of Commercial System: Improving The Convenience Of Foreign Investment

Investment companies want to set up a family in Nanjing.

However, because of the problem of "first permit" or "first to do business license", it has encountered difficulties in legislation. It has encountered many problems that have not been solved in China. Recently, it has been properly solved with the help of relevant departments such as the Municipal Administration of industry and commerce.

In October this year, air chemical products (China) Investment Co., Ltd. intends to invest in Nanjing to set up a wholly foreign-owned entity.

According to the 48 pre examination and approval checklist issued by the provincial government, it is necessary to obtain relevant licenses before bidding for such foreign funded enterprises.

However, according to our existing laws and regulations, it is necessary to have a business license with a formal business license before applying for a license.

Feng Yan, vice president of the company, told reporters: "the sole proprietorship branch established in Nanjing is an important complement to the TSMC project. If it can not keep up with the schedule, the company will face huge losses."

When the company set up investment and set up difficulties encountered in the above-mentioned laws and regulations, the registration bureau and the foreign investment office of the Municipal Industrial and commercial bureau, after detailed inspection of the company's bidding materials and relevant laws and regulations, communicated with the departments and departments of the provinces and cities for the first time, and finally proposed a solution for the investors to handle the business license of the project owners in the framework of the existing laws and regulations.

At the same time, due to the implementation of the registration system of five cards and one company, the company obtained the business license of air chemical products (Nanjing) electronic gas company limited in October 20th.

Feng Yan said: "we have set up branches in more than 60 domestic areas and have encountered similar problems.

This time, we really feel good quality in Nanjing.

And atmosphere. "

"Since this year, the registered capital of foreign entities in our city has increased substantially, benefiting from the improvement of the business system reform to the convenience of foreign investment."

Liu Sen, deputy secretary and deputy director of the Party committee of the Municipal Bureau of industry and commerce, said, on the one hand, the registration bureau of the Municipal Bureau of industry and Commerce has implemented the first license registration system, encouraging foreign businessmen to invest in entrepreneurial activities outside of the 48 pre-approval lists announced by the provincial government. On the one hand, a number of registration facilitation measures have been promoted, including one card, one card, and electronic registration.

In addition, opening up a green channel for major projects in cities and provinces will be accepted on the spot, approved on the spot and issued on the spot under the condition of full submission of materials by enterprises, so as to provide services for foreign-funded enterprises to settle in Nanjing.

It is understood that as of the end of October, the newly registered 55 foreign-invested enterprises in the city were registered with a registered capital of 7 billion 730 million US dollars, up 19.57% and 800% respectively over the same period last year. 474 of the three registered entities were newly registered, with a registered capital of 14 billion 270 million US dollars, up 23.76% and 8.38% from last year.

Reporters recently learned from the Municipal Industry and Commerce Bureau, along with

In order to promote the reform, our foreign investment enterprises have implemented a series of convenient measures such as negative list management, examination and approval to change the record, first take after license, and multiple certificates, so as to improve the efficiency of government services.

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