Hainan to Deepen Reform of “Separating License and Certificate” and Stimulate Development Vitality of Market Entities
ISSUING AUTHORITY:
Hainan Provincial Government
DATE OF ISSUANCE:
September 16, 2021
EFFECTIVE DATE:
September 16, 2021
On September 16, 2021, Hainan provincial government released the Implementation Plan for Deepening the Reform of "Separating License and Certificate" and Stimulating the Development Vitality of Market Entities in Hainan Free Trade Port.
Pursuant to the Plan, if business licensing matters are to be canceled, the enterprise shall provide relevant information in time so that relevant departments can implement effective management and safeguard public interests. Such licensing matters shall be converted from being an approval scheme to being a filing scheme. According to the requirements of Master Plan for Building Hainan Free Trade Port, as released by the CPC Central Committee and the State Council on June 1, 2020, if enterprise-related business licensing matters are governed by mandatory standards, administrative approval should in principle be scrapped and replaced by filing; market entities can provide an undertaking that they have met licensing requirements and provide related documents, after which it can carry out investment and operational activities.
Reference:
海南省人民政府關于印發《海南自由貿易港深化“證照分離”改革進一步激發市場主體發展活力實施方案》的通知
