Zhongshan plans to urge “separation of business licence and business certificate” reform from November 10, according to Zhongshan Industrial and Commercial Bureau. On the occasion, the time spent on starting a business will be further reduced to 3 days at the soonest .
Reportedly, Torch Development Zone has launched the separation reform on June 11 as a pilot, after which the processing time of relevant procedures was shortened by more than 70%.
From June 13 to October 18, Torch Development Zone has accepted a total of 1,857 “separation of business licence and business certificate” cases and issued 1,624 licenses. During the same period, Torch Development Zone added 2,042 market entities, with a 7.73% year-on-year increase.
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