In accordance with the Special Management Measures (Negative List) for Foreign Investment in Pilot Free Trade Zone  (General Office of the State Council, Guo Ban Fa〔2015〕No.23) and Management Measures for Foreign Investment Registration in Pilot Free Trade Zone (Trial) (Circular of Ministry of Commerce, No. 12 in 2015), as of May 8, Guangzhou Nansha New Area of China(Guangdong) Pilot Free Trade Zone (Nansha FTZ) started to implement the registration management measures for foreign-funded enterprises. It means that foreign-funded enterprises, if not covered by the negative list, can have the establishment in Nansha FTZ with the registration procedure only instead of previous approval procedures, which is more convenient and time-saving.

When foreign investors or foreign-funded enterprises submits the Application Form for Establishment or Alteration Request Form online to the “reception entry” on the website of Nansha FTZ, the registration institution will identify whether the application belongs to the registration scope. If “yes”, foreign investors or foreign-funded enterprises can receive Foreign-Funded Enterprise Registration Certification within three workdays. If “no”, the registration institution will inform relevant foreign investors or foreign-funded enterprises to go through the approval procedures according to relevant regulations.

 

Source: Excerpt from Guangzhou Daily, May 9, 2015