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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

Article 15 The registration authorities shall conduct random inspection of enterprise annual reports, and, if in the inspection or investigation following tip-offs, finding out that any enterprise has illegal act, declaration of untrue information or concealment of information or false undertaking, shall make an order for correction within a prescribed time limit, and record the enterprise in the bad credit list; for violation of administrative provisions on enterprise registration, punishment shall be given pursuant to the relevant administrative provisions on enterprise registration in addition to making correction by order, and information on the enterprise's legal representative and person(s)-in-charge shall be circulated to the relevant authorities.
Article 16 The registration authorities shall establish a abnormal operation list system, and record enterprises which fail to announce their annual reports within the prescribed time limit or enterprises which cannot be contacted through their registered address (business premises) in the abnormal operation list, and make it known to the public through the market entity credit information announcement system.
Where an enterprise has performed its annual report announcement obligation within three years from the date of being recorded in the abnormal operation list, it may apply to the registration authorities to be reinstated to the normal record status; enterprises which fail to perform the said obligation after the expiry of the three-year period shall be permanently included in the abnormal operation list by the registration authorities and shall not be reinstated to the normal record status, and shall be recorded in the serious offender enterprise list.
Article 17 The registration authorities shall upload, receive, provide feedback for enterprise registration, filing, licensing examination and approval, annual reports, administrative punishment information through the government affairs information sharing platform to materialize information sharing.
Article 18 Enterprises in the Pilot Zone relocating out from the Pilot Zone shall be handled pursuant to the provisions on administration of registration of enterprises outside the Pilot Zone.
Enterprises outside the Pilot Zone relocating into the Pilot Zone shall be handled with reference to these Provisions.
Article 19 Administration of registration of enterprises from foreign countries (regions) which engage in production and business activities in the Pilot Zone shall be implemented with reference to these Provisions.  
Article 20 Matters not covered in these Provisions shall be handled pursuant to the relevant prevailing provisions on administration of enterprise registration.
Article 21 These Provisions come into force on 1 October 2013, effective for three years.

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