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Notice of Shanghai Municipal Administration for Industry and Commerce on Promulgation of the Provisions on Administration of Enterprise Registration in China (Shanghai) Pilot Free Trade Zone

china-shftz.gov.cn Updated:2017-07-24

To: All sub-bureaus, divisions and offices and all subordinate units:The Provisions on Administration of Enterprise Registration in China (Shanghai) Pilot Free Trade Zone is hereby promulgated for your implementation 

conscientiously. 

Shanghai Municipal Administration for Industry and Commerce

September 30, 2013

Provisions on Administration of Enterprise Registration in China (Shanghai)
Pilot Free Trade Zone        
Article 1 For the purposes of promoting the building of China (Shanghai) Pilot Free Trade Zone (hereinafter referred to as the Pilot Zone) and establishing the corresponding market entry regulatory system for the Pilot Zone, these Provisions are formulated pursuant to the provisions of the Framework Plan for China (Shanghai) Pilot Free Trade Zone, the Procedures for the Administration of China (Shanghai) Pilot Free Trade Zone and Suggestion of State Administration for Industry and Commerce on Supporting the Building of the China (Shanghai) Pilot Free Trade Zone, and in line with the actual conditions of the Pilot Zone.
Article 2 These Provisions apply to administration of enterprise registration in the Pilot Zone.
Enterprises referred to in these Provisions mean enterprise legal persons, non-legal person enterprises and their branches. 
Specific types of enterprise legal persons, non-legal person enterprises and their branches shall be determined pursuant to the classification standards prescribed by the State Administration for Industry and Commerce.
Article 3 Shanghai Municipal Administration for Industry and Commerce and its sub-bureau in the Pilot Zone shall be the enterprise registration administrative authorities (hereinafter referred to as the "registration authorities") to be responsible for administration of enterprise registration in the Pilot Zone pursuant to the authorization by the State Administration for Industry and Commerce and the prevailing division of powers of this Municipality.
Article 4 Except for banks, securities companies, futures companies, fund management companies, insurance companies, direct-selling enterprises, external labor services cooperation enterprises for which the laws and administrative regulations stipulate on the actual payment of registered capital of a company, as well as companies limited by shares established by way of fund raising, all other companies in the Pilot Zone shall implement a registration system for subscription of registered capital.
The registration authorities shall register the registered capital or total share capital (the company's registered capital) subscribed by all the shareholders and promoters of a company, not register the company's paid-in capital.

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