MARKET ENTITY

China Promotes Provisional Rent Concessions for Market Entities

06 July 2022

The Ministry of Housing and Urban-Rural Development and seven other ministries called on local authorities to step up the implementation of rent concession policies. Micro and small firms and self-employed businesses renting state-owned premises in county-level administrative areas listed as medium or high risk for Covid-19 will enjoy a six-month rent concession this year, while those in other areas will be eligible for a three-month rent concession. More

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Guangdong Offers More Support to Nurture Market Entities

23 June 2022

The Guangdong Administration for Market Regulation recently issued measures to give more support to the nurturing of market entities. More

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Qianhai Issues Application Guidelines for Market Entities to Apply for Covid-19 Relief

28 April 2022

After releasing a relief package of 22 measures for market entities hard-hit by Covid-19, the Qianhai Authority recently issued corresponding application guidelines. The measures cover four main areas, including actions to reduce rent, stabilise jobs and payrolls, promote epidemic prevention through technology, and strengthen financial relief. More

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Pudong Implements Market Entity Registration and Confirmation System

31 March 2022

Shanghai recently passed several provisions for implementing a new registration and confirmation system that came into effect for market entities in the Pudong New Area on 15 March. Efforts will be made to deepen reforms which streamline administration, delegate powers and improve services, and to maintain good market order, protect the legitimate rights and interests of market entities, and optimise the overall business environment. More

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New Registration Rules for Market Entities Now in Force

10 March 2022

New regulations, announced by the State Administration for Market Regulation, on the registration and management of market entities, came into force on 1 March. Streamlined and improved rules and procedures for registration and deregistration of market entities, including limited liability companies and companies limited by shares, are now in force. More

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