Tag Archives: Recordal

APPROVAL CHANGED TO FILING FOR THE RECORD
Oct. 2016

The Standing Committee of the National People’s Congress abolished the approval requirement for foreign projects in China (FIEs, including wholly foreign-owned enterprises and joint ventures) in September.  No longer do such projects have to undergo the time-consuming and sometiems costly approval process, unless they fall within a negative list (discussed below).  Projects not on the negative list need only make a simplified record filing through an online system no later than 30 days after issuance of the Business License.. Continue reading