Shenzhen Begins Offshore Business Registration Service for Hong Kong, Macao Firms

The Shenzhen Administration for Market Regulation recently issued a notice (Shen Shi Jian Tong Gao No. 63 [2021]) regarding the city-wide launch of its so-called Shenzhen-Hong Kong “easy connect, easy registration” and Shenzhen-Macao “easy connect, easy registration” policies on 28 June. These initiatives make it possible for Hong Kong and Macao firms to apply for Shenzhen business registration offshore.

Hong Kong and Macao firms may entrust local branches of commercial banks which have arrangements with the Shenzhen Administration for Market Regulation to complete business registration, record-filing and other “one-stop” service tasks in Shenzhen. The service means these firms won’t have to travel to Shenzhen to complete the procedures.

Source: Shenzhen Municipal People’s Government