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New five-in-one business license to be implemented

Update Date:2019-10-21 15:56:33     Source:www.3737580.com     Views:358

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The State Council has announced that it will promote a three-in-one business license to streamline registration systems from October. But the city of Shenzhen in south China is already at the forefront of such reform. It has been promoting a five-in-one business license since July.

 

The decision was made to implement the five-in-one business license on October 1 in order to reduce administrative approvals for startups and improve the business environment.

There are two unique features on this business certificate. One is that it has a unified national credit number, which covers a business license, tax registration, organization code, public security and social security. The other is this two-dimensional code, which any official or individual can scan using a smartphone and immediately see all the relevant information about the company.

 

Businesses without an integrated business license under the Three-in-One or Five-in-One system should now upgrade. The deadline for converting to Five-in-One certification is December 31, 2017. Beyond this date, all five certificates held by the company, now encompassed by the Five-in-One system, will be deemed as invalid and canceled.

 

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If you have further queries, don’t hesitate to contact Tannet anytime, anywhere by simply visiting Tannet’s website www.tannet-group.netor calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to 2355725105@qq.com.

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